Transcript:
It will go down as one of the most spectacular debuts in the history of financial markets.
Twitter has only been around seven years, has never made a profit and has modest sources of income - yet its shares rose 80% in value the moment it joined the stock market, and then briefly soared even higher than that.
Measured by the stock price in relation to revenues, Twitter's shares are now rated as among the most expensive of any new share issue ever.
It's a big bet that popularity - Twitter already has 230 million users - will eventually lead to massive profits.
Vocabulary:
go down 传下去,变得为人所知
debuts n. 初次登台,首次发售
profit n. 利润;利益
modest adj. 少的;适度的
sources of income 收入来源
soared vi. 高飞;高耸
revenue n. 税收,国家的收入
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