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Nairaland Forum / Science/Technology / Technology Market / Twitter Will List Its Shares At $27, Valuing The Firm At $14.7 Billion (395 Views)
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Twitter Will List Its Shares At $27, Valuing The Firm At $14.7 Billion by 53cur3m0d3(m): 6:36am On Nov 07, 2013 |
Twitter might have wanted a quiet IPO, but massive demand for the relatively limited shares in its flotation are driving its listing price higher. According to CNBC, Twitter will go public at $27 per share, far aboveits initially expected $17 to $23 range. Quick math indicates that such a price would value Twitter at roughly $14.7 billion. |
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