Sources claim Twitter will list on NYSE for $1.5B IPO
twitter ipo

According to sources speaking to The Street, Twitter will list on the New York Stock Exchange in an IPO estimated at $1.5 billion. This comes after the company tweeted that it had filed its S-1 to the SEC for its initial public offering. The sources say both the initial float and pricing are subject to change but claim that the company may sell between  50 million and 55 million shares in its offering, with pricing said to be $28 to $30 per share, raising between $1.4 billion and $1.65 billion. If true this would value Twitter at about $15/16 million.