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Twitter shares to sell at $26 each

Twitter shares will go on sale today with an increased price tag of $26 per share, or around &eur...
Newstalk
Newstalk

07.20 7 Nov 2013


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Twitter shares to sell at $26...

Twitter shares to sell at $26 each

Newstalk
Newstalk

07.20 7 Nov 2013


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Twitter shares will go on sale today with an increased price tag of $26 per share, or around €20 per share.

That places a value of $1.8 billion dollars on the micro blogging site.

70 million shares will go on sale at New York Stock Exchange when it opens later.

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Analysts suggest Twitter will bring in $500 million in advertising revenue this year, and nearly $1 billion in 2014.


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