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)
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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.
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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.
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