According to a regulatory filing today the price range for the much anticipated Twitter IPO will be $17-$20 per share and could raise up to $1.6 billion
According to a regulatory filing today the price range for the much anticipated Twitter IPO will be $17-$20 per share and could raise up to $1.6 billion. That would value the San Francisco-based company at $10.9 billion at the top end of the range, based on the 544.7 million common shares outstanding after the IPO. They're picking a slightly lower valuation to ensure that the IPO goes up on the first day of trading, Francis Gaskins, president of IPODesktop.com, said in an interview. I would definitely buy them in the offering at this valuation. (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions.
Safe investing and thanks for reading Livewire.
1 topic
Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.
Expertise
Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.
Expertise
Comments
Comments
Sign In or Join Free to comment