Twitter Shares went up by more than 73%, closing at $44.90 from the initial price of $26 each on its first day of trading.
This puts Twitter valuation at a little over $31bn on its first day of trading.
A little over 13 million shares changed hands the moment they became available an hour after the New York Stock Exchange opened.
It is the biggest technology listing since Facebook in 2012.
Why Twitter shunned the technology-rich Nasdaq exchange, where Facebook and other tech giants are listed but opted for the NYSE is not known.
NYSE couldn’t care less, anyway, as its exterior was decorated with banners promoting the offering on Thursday.
Shares in newly-listed companies are often volatile on their first day of trading.
Within minutes, Twitter’s stock price soared more than 80% before closing just below its initial opening price of $45.10 per share.
According to its IPO documents, Twitter has 232 million active users, which it invites to send tweets in 140 characters or less. These users send over 500 million tweets a day.
Precautions taken by Twitter executives to avoid the flat lining that Facebook experienced when they were listed in 2012 appears to have paid off.