California-based social media giant Twitter is set to go public with an initial share price of $27, according to a November 6 report from TechCrunch.
This means that the approximate value of the real-time communication platform is $14.7 billion.
Observers are scrutinizing Twitter’s IPO in the wake of Facebook’s market entry, which saw its share price plunge before moderating months later.
To learn more about Twitter’s upcoming IPO, read the full story here.
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