Photos: Wall Street gets ready for Twitter IPO
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• November 7, 2013, 18:52:59 IST
The microblogging network priced 70 million shares at $26, above the expected range of $23 to $25, which had already been raised once before. The IPO values Twitter at $14.1 billion, with the potential to reach $14.4 billion if underwriters exercise an over-allotment option, as they are widely expected to.
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Employees prepare the post that Twitter will hold it’s IPO on, in the New York Stock Exchange. Reuters
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Twitter Inc could face volatile trade in its debut on the NYSE, analysts said, but they remained enthusiastic after the money-losing social media company priced its IPO above the expected range. Reuters
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A sign displays the Twitter logo on the front of the New York Stock Exchange ahead of the company’s IPO in New York. Reuters
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The IPO values Twitter at $14.1 billion, with the potential to reach $14.4 billion if underwriters exercise an over-allotment option. Reuters
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Twitter’s initial public offering was priced at $26 a share, Wednesday evening, and is expected to start trading on the New York Stock Exchange today. AP
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