Tue, 05 Nov 2013 10:40:03 GMT
Twitter raises its IPO to $25 a share
Twitter Inc. is likely to price its initial price offering at a higher valuation than initially expected making it more expensive than its rival with 5 times as many users, Facebook. The microblogging company Twitter increased its IPO to $23 to $25 a share making a top of the range market capitalization of $13.6 billion valuating the company 11.8 times