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Posts Tagged ‘twitter stock price’

Twitter Stock Rebounds After A Down Week

Twitter Stock Rebounds After A Down Week

Twitter took some hits this week through a combination of factors exerting downward pressure on the stock. First off, last week’s earnings report didn’t have the user engagement numbers that many were hoping for. Second, the employee lockup period ended on Tuesday which freed employees to cash out and sell their stock.

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Sources: Twitter To Make Its IPO Public Later This Week

Sources: Twitter To Make Its IPO Public Later This Week

Twitter is expected to make its initial public offering (IPO) filing public later this week, with its goal to launch on the New York Stock Exchange (NYSE) before Thanksgiving of this year, reports Quartz, citing a source familiar with the matter.

Twitter’s IPO price is currently expected to be in the region of $28 to $30 per share, valuing the company between $15 and $16 billion.

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