Twitter IPO hits Thursday for $26 a share

Rappler.com

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PUBLIC COMPANY. Microblogging site Twitter seeks to raise over $1.6 billion in IPO. File photo by AFP/Fred Tanneau

Twitter will list at $26 a share on the New York Stock Exchange on Thursday, November 7, the microblogging service announced. 70 million shares will be made available at that listed price, with 10.5 million shares of common stock being sold as a 30-day option for underwriters. The total value is currently pegged at $2.1 billion.

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