homepage Welcome to WebmasterWorld Guest from
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Become a Pro Member

Home / Forums Index / Social Media / Twitter
Forum Library, Charter, Moderators: not2easy & rumbas

Twitter Forum

Twitter Pushes Its IPO Share Price Up To $23 - $25 Each

 5:58 pm on Nov 4, 2013 (gmt 0)

Final pricing is on Wednesday, with the IPO being on Thursday.

On Monday, the company boosted the price of its initial public offering to $23 to $25 per share, up from $17 to $20 previously, according to a new filing with the Securities and Exchange Commission.Twitter Pushes Its IPO Share Price Up To $23 - $25 Each [news.cnet.com]

Previous story

Twitter expects to raise up to $1.4 billion in IPO [webmasterworld.com]



 6:21 pm on Nov 4, 2013 (gmt 0)

Okay I don't want to hog WW so one last comment on this thing and I'll get out of ya'll hair for the day.

I was reading an article elsewhere yesterday related to this.

Apparently it's an industry standard practice to pump the price 2 times after the "initial" value is introduced.

So, according to that we should probably expect to see it go live a few more dollars higher.

It's a break it to them gently tactic to get more value for the early gamblers who will sell portions of their shares on opening day to cover their up-front-money. It's inflating the share prices above what they know they are really worth initially.


 6:26 pm on Nov 4, 2013 (gmt 0)

Clearly, the financial people know how to pump the price.

travelin cat

 12:00 am on Nov 7, 2013 (gmt 0)

From the NY Times today:

On Wednesday, Twitter set the price of its initial public offering at $26 a share, valuing the company at roughly $18 billion. Twitter shares are set to begin trading Thursday on the New York Stock Exchange.



 9:09 am on Nov 7, 2013 (gmt 0)

Twitter's own tweet on the pricing.

"We just priced our IPO."

Having sold 70 million shares at $26 each, it's raised $1.82 billion


 3:49 pm on Nov 9, 2013 (gmt 0)

Price is over $46 now, if you bought already, sell now. The price will drop back to the $25-$30 range over the next six months. It's trading at too high a multiple of earnings.

Global Options:
 top home search open messages active posts  

Home / Forums Index / Social Media / Twitter
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved