After initially setting a share-price range of $17 to $20, then raising it to $23 to $25, Twitter has settled on $26 a share for the initial public offering of 70 million shares.
The company’s shares will be up for grabs Thursday morning on the New York Stock Exchange.
Much of the shifting over the price is due to the fears remaining from the messy Facebook IPO when the stock plummeted well below the IPO pricing. Read more at the Wall Street Journal.
{Andy Heller-Matzav.com Newscenter}
