It’s undeniable that a big tech IPO like Twitter (TWTR) is noteworthy. The buzz from consumers and investors alike makes these initial public offerings a staple on cable news programs — even those without a financial bent.
And when you have an IPO like Twitter that gaps up 73% above its offer price on the first day of trading, it sucks even more oxygen out of the room.
But if you were tied to your tablet watching the countdown to Twitter’s pricing and IPO and then surfing all the related punditry on whether it was a good or a bad buy, you might have missed some very important developments elsewhere on Wall Street.
Here are five important headlines and related trading ideas that were overshadowed by the Twitter IPO frenzy last week: