ifg 發表於 2013-11-7 09:10:28

Twitter shares priced at $26 each

7 November 2013 Last updated at 00:19 GMT , BBC

Twitter shares will trade on the New York Stock Exchange
Twitter shares have been priced at $26 ahead of its debut on the New York Stock Exchange (NYSE) on Thursday.

      That is above the $23 to $25 range announced on Monday and values the short messaging service at more than $18bn (£11bn).

      That makes it the biggest market debut for a technology firm since Facebook went public in May 2012.

      Twitter has attracted 230 million users since starting seven years ago, but is yet to make a profit.

      Its losses for the third quarter of 2013 increased to $64.6m, from $21.6m a year earlier and more than half of its total registered users do not even use it.

      Nevertheless there was strong demand for the shares and the company was able to raise the offering price twice.

NYSE debut

            Twitter is selling 70 million shares, which will raise $1.82bn.
      Unlike Facebook, it has chosen to trade its shares on the New York Stock Exchange.

      Facebook's debut on the Nasdaq - traditionally the market of choice for technology firms - was marred by delays and problems with orders.

      The NYSE has already tested trading of Twitter's shares to try to avoid any technical hitches.

      The shares will trade under the symbol "TWTR".
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