Twitter Taking Hard Look at NYSE for Listing (NDAQ) (FB)
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Microblogging social media giant Twitter might be leaning more towards listing on the New York Stock Exchange, people familiar with the matter told Bloomberg today.
The $1.5 billion offering might see Twitter sell 50 million to 55 million shares at a sales price of $28 to $30 per share.
SunTrust Robinson Humphrey did some good analysis on Monday, seeing value of Twitter at somewhere between $12 billion and $20 billion.
News today comes following the May 2012 IPO of peer Facebook (Nasdaq: FB), which saw Nasdaq (Nasdaq: NDAQ) receive boatloads of criticism following the botched offering. Things haven't fared well for Nasdaq recently, with more computer issues causing a halt to trading earlier this month.
The $1.5 billion offering might see Twitter sell 50 million to 55 million shares at a sales price of $28 to $30 per share.
SunTrust Robinson Humphrey did some good analysis on Monday, seeing value of Twitter at somewhere between $12 billion and $20 billion.
News today comes following the May 2012 IPO of peer Facebook (Nasdaq: FB), which saw Nasdaq (Nasdaq: NDAQ) receive boatloads of criticism following the botched offering. Things haven't fared well for Nasdaq recently, with more computer issues causing a halt to trading earlier this month.
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