Twitter IPO pricing range raised

Ugh. Just when I was getting used to the thought of having to pay $20 a share, Twitter just went and filed a revised Form S-1 with the SEC to raise the suggested price range from $17 to $20 to a new range of $23 to $25.

 

See:

http://www.sec.gov/Archives/edgar/data/1418091/000119312513424260/d564001ds1a.htm

 

I can't blame them if the demand is there. And it simply indicates that Twitter and its Wall Street underwriters are not having any trouble lining up prospective investors for the IPO.

-- Jack Krupansky