Wall St. Week Ahead: Twitter's IPO to provide week's excitement

dimanche 3 novembre 2013

An employee walks past a Twitter logo made from Californian license plates at the company's headquarters in San Francisco Twitter will be the talk of Wall Street next week when the social media company goes public in the stock market's most anticipated initial public offering since 2012's Facebook (FB.O). Twitter is expected to price its IPO on the evening of November 6 and begin trading November 7 on the New York Stock Exchange under the symbol (TWTR.N). Twitter's IPO will be a measure of how much liquidity is out there," said John Rutledge, chief investment strategist at SAFANAD, a private investment firm in New Canaan, Connecticut. Twitter has said it will sell 70 million shares at a price between $17 and $20, valuing the online messaging company as much as $11 billion, below the $15 billion that some analysts had been expecting.








via Business News - Yahoo Finance http://finance.yahoo.com/news/wall-st-week-ahead-twitters-223854712.html

0 commentaires:

Enregistrer un commentaire