Twitter (TWTR) IPO Price: What Offering Range Is Expected?

Category: Companies / Nov 06, 2013 10:44AM EDT

After the closing bell on Wednesday, investors will await the highly-anticipated pricing of Twitter’s (NYSE: TWTR) initial public offering (IPO). The social media company raised its price range to $23 per share to $25 per share on Monday, up from a previous range of $17 to $20 per share, while the offering size is 70 million shares.

Twitter is expected to price its IPO on Wednesday, while shares are set to begin trading on the New York Stock Exchange (NYSE) on Thursday.