Wednesday November 06, 2013

Twitter Prices IPO At $26

Let's see, that price puts Twitter's valuation at $14.2 billion. What a bargain. roll eyes (sarcastic)

Twitter tweeted the share-price news this afternoon. It's offering the public 70 million shares, which would value the company at $14.2 billion. It's raising $1.82 billion in the offering. Twitter could later sell another 10.5 million shares if the demand is there.