in

Twitter is going public at $27 per share, far above the expected price range

Twitter is going to be going public at $27 per share which far exceed the  initially expected $17 to $23. Quick estimates indicate that such a private would value Twitter at $14.7 billion.

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 above its initially expected $17 to $23 range. Quick math indicates that such a price would value Twitter at roughly $14.7 billion.

What do you think?

Avatar of Louie Baur

Written by Louie Baur

Louie Baur is Editor at Long Beach Louie, a Long Beach Restaurant Review site as well as Skateboard Park. Find him on Twitter, Facebook, and Pinterest.

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Silk Road 2.0 intends to resurrect the most popular drug market on the internet

Microsoft says that Xbox One users will get Xbox Music for free, sort of