Monday, November 04, 2013

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.
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


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