There’s always some excitement when a tech company finally makes its IPO. The most notable, at least recently, was Facebook’s. Now, Twitter is set to have their own IPO, right around Thanksgiving.
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The Dow almost lost 10% in a single session, but was saved by a big loss by a rally towards the end of the trading day. Still, it’s the first time in 5 years that it dropped below 10,000, to 9,962.3.