Oct 16

Twitter’s heading to the New York Stock Excange

Business Comments Off on Twitter’s heading to the New York Stock Excange

Twitter

Twitter has finally made a decision and intends to list the common stock on the New York Stock Exchange. Previously we were guessing if it will choose NYSE or NASDAQ. The company will list the common stock under the symbol „TWTR“. Many people are guessing if NYSE had the upper hand, because of the NASDAQ’s massive failure at the Facebook’s initial public offering last year. But despite all these great news regarding initial public offering later this year, Continue reading »

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Oct 04

Twitter had filed for a public stock market offering

Business Comments Off on Twitter had filed for a public stock market offering

Twitter

Three weeks ago Twitter had filed for a public stock market offering and wants to raise $1bn in its stock market debut. Documents that were filed with US regulators revealed that Twitter has 218 million monthly users and 500 million tweets are sent daily. This will be the largest Silicon Valley stock offering since Facebook’s in 2012. The social networking company plans to list under the stock symbol TWTR, but it didn’t reveal which stock exchange (NASDAQ or New York Stock Exchange) it had chosen. Goldman Sachs is the lead bank taking the company public but also Morgan Stanley, JP Morgan, BofA Merrill Lynch, Deutsche Bank Securities and CODE Advisors will be helping with the offering. Continue reading »

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