Category Archives: Twitter

Twitter announces IPO pricing of $26 per share with a valuation of $18.3 billion

Twitter announced on Wednesday that it will price its IPO at $26 per share when it begins trading on Thursday. The company plans to sell 70 million shares out of a total of 545 million outstanding shares.

via The Next Web.

As Twitter preps to go public, a look back at the performance of recent web IPOs

The most anticipated social media IPO since Facebook, Twitter will be priced at $17-$20 a share when it launches on the NYSE under the symbol TWTR in November. However, a stock’s initial share price doesn’t necessarily reflect how that stock will perform over time. Take a look, for example, at some recent social-mediaish IPOs compared to how their stock is doing now.

via GigaOm.

Breaking: Twitter has overtaken Facebook!

Twitter has overtaken Facebook as the social media network that is most important to teens, according to Piper Jaffray’s semi-annual teen market research report.

Twitter is the new king of teens, with 26% naming it as their “most important” social site. Only 23% said Facebook was most important, down from a high of 42%.

But Twitter should not become complacent, the report suggests. That’s because Instagram has rocketed in popularity with teens. 23% said Facebook-owned Instagram was their No.1 choice, up from 12% a year ago.

via Business Insider.