The New York Stock Exchange says its test run of Twitter’s initial public offering was a success, as the exchange takes pains to avoid the technical problems that marred Facebook’s debut.
Twitter says it will sell more than 70M shares between $17 and $20 per share in its IPO .
The unusual investment opportunity kicked off Thursday with an IPO filing proposing to sell stock for a stake in the future income of the Houston Texans’ Arian Foster, a top running back in the National Football League.
Twitter, a privately held company built on blurbs, has finally laid itself bare in documents that read more like a treatise than a tweet.
The personal fortune of Twitter co-founder Evan Williams probably will take up 10 characters once the online communications company goes public.
Twitter has unsealed the documents for its planned initial public offering of stock and says it hopes to raise up to $1 billion in one of the year’s most eagerly awaited stock market debuts.
The National Football league struck a deal to show game highlights and other video content on Twitter ahead of the short messaging service’s initial public offering of stock.
Twitter finally has decided to go public, but it’s taking a route that will keep most of the details about its business private for a while longer.
Facebook’s chief operating officer, Sheryl Sandberg, has sold $91 million worth of shares in the social networking company.
Facebook’s stock price has passed its $38 IPO price for the first time since its rocky initial public offering more than a year ago.