The Twitter IPO is set to happen later this week and the buzz is already reaching a fever pitch
The Twitter IPO is set to happen later this week and the buzz is already reaching a fever pitch. In fact, the company just raised its pricing range from $17-$20 per share to the $23-$25 range. The offering could now be valued as high as $2 billion and would value the company at just under $14 billion. Raising the pricing range by 25% is a clear signal demand for this long-awaited IPO is strong. I don't think it's a stretch to say this is the most anticipated IPO since Facebook - and you can be sure Twitter won't make the same mistakes. Another positive sign for Twitter, the uber-popular micro-blogging site is pulling teens away from FB. Basically, given the market and IPO conditions, the company likely couldn't be going public at a better time.
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
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