After years of discussion and speculation, Twitter is going public.
As reported Wednesday evening, Twitter has priced its 70 million shares at $26, which would raise $1.8 billion for a valuation around $18 billion. (The offer is for about 10% of the company.) The stock will make its debut Thursday morning on the New York Stock Exchange with the ticker symbol “TWTR.”
In contrast with Facebook’s troubled IPO, which was marred by alleged misinformation by underwriters on the deal and Nasdaq glitches on the opening day of trading, Twitter’s is expected to go smoothly Read more…
More about Twitter, New York Stock Exchange, Business, and Twitter Ipo
Read more : Twitter IPO: Live From the New York Stock Exchange
0 Responses
Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.