Twitter May File for IPO this Week

Twitter May File for IPO this Week


A few weeks ago, Twitter tweeted that it had filed a confidential request for going public. This week, according to sources familiar with the company, it is rumored that Twitter will make its IPO filing public. Additionally, the company aims to begin trading before the Thanksgiving holiday (November 28).

Rumors also suggest that Twitter will trade on The New York Stock Exchange and it is believed that Twitter will trade in the range of US$28 to US$30 per share, which would value the company at around US$15 billion. Of course, these figures could still change depending on market reaction.

Source: Quartz



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