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.