How to buy Twitter stock
Twitter stock is no longer trading on the NYSE. But you can buy stock directly from existing shareholders.
Can I still buy Twitter stock?
You can’t buy Twitter stock (TWTR) directly from the company on the NYSE because it has been delisted. But you can buy Twitter stock directly from existing investors through the International Order Book (IOB) (listed under the symbol “0QZB”). The IOB is a secondary market owned by the London Stock Exchange. Stocks are created and issued by companies in the primary market and traded between investors in the secondary market.
To buy Twitter stock on the IOB, you’ll need to open a stock trading account with a brokerage that offers access to the IOB. In Canada, Interactive Brokers is one of the few brokerages that provides access to the IOB. The platform lets you trade stocks, funds, bonds, options, futures and more on 150+ exchanges in nearly 33 countries. You can apply for an account online, and there’s no minimum balance required.
How to buy Twitter stock on the IOB
- Open an account with a trading platform that offers IOB access. Choose a broker that offers access to the IOB like Interactive Brokers (sing up below). Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for Twitter’s stock name. Find Twitter on the IOB listed under the symbol “0QZB”.
- But the stock. Place your order. It’s that simple.
Is Twitter publicly traded?
No. Twitter stock was delisted from the NYSE on November 8, 2022 after billionaire investor and Tesla CEO, Elon Musk, bought all the company’s outstanding shares for $44 billion ($54.20 per share).
Twitter original went public on the NYSE on November 7, 2013. The opening stock price was $45.10 — 73% higher than the proposed price of $26 — valuing the company at $31 billion. Altogether, Twitter sold 70 million shares and raised around $1.8 billion from the IPO. Goldman, Sachs & Co. acted as the lead underwriter of the deal.
What happens to my Twitter stock?
If you owned Twitter (TWTR) stock before the buyout, you are entitled to receive a payout for the value of your shares. The price agreed upon between Musk and shareholders was $54.20 per share. Payouts were made at the end of October 2022.
Investors received funds through their brokers, who were paid directly from Twitter. If you haven’t received a payout for your Twitter (TWTR) stocks, contact your broker.
Buy stock in other social media companies
Even though you can’t buy Twitter stock on the NYSE, you can invest in other publicly traded social media companies.
- Meta Platforms (formerly Facebook). Click here to invest in Meta stock.
Frequently asked questions
Compare online trading platforms to buy Canadian and US stocks
You can compare features of stock trading platforms in the table below. Once you’ve decided on the right fit for your needs, hit the “Go to site” button to get started. Learn more in our guide to online stock trading.
Note: The dollar amounts in this table are in Canadian dollars.
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