Selasa, 05 November 2013

Twitter may make $200 million in 2015, investors told

The initial price range, set Oct. 25, valued Twitter at about $10 billion to $13 billion, which was considered cautious by some analysts and investors


Twitter raised the price range for its initial public offering, suggesting the micro-blogging service is getting strong interest from investors ahead of a stock market debut later this week.


The company increased the range $23 to $25 per share from an earlier range of $17 to $20, according to an updated regulatory filing Monday.


The initial price range, set Oct. 25, valued Twitter at about $10 billion to $13 billion, which was considered cautious by some analysts and investors.


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