A file illustration picture shows the search tab for Twitter on a computer screen in FrankfurtThrough Olivia Oran and Gerry Shih NEW YORK/SAN FRANCISCO (Reuters) – Twitter Inc shares rose 73 % in a frenzied buying and selling debut that drove the seven-yr-previous company’s price to $25 billion and evoked the heady days of the dot-com bubble. The inventory closed its first trading day at $44.90 a share from the preliminary public offering worth of $26 set late on Wednesday, falling back from a close to-doubling in value at a session excessive of $50. The shares traded at about 22 instances forecast 2014 gross sales, virtually double the a couple of at social media rivals Facebook Inc and LinkedIn Corp, even supposing Twitter is far from turning a profit and posted a loss of almost $70 million for its most latest quarter. Yet fans believe that Twitter, which has 230 million users globally, has established itself as an indispensable Internet utility, alongside Google Inc and Fb, and that it has only scratched the surface of its doable as a world advertising medium.