Twitter IPO Priced at $26 A Share: Report

Stock Will Go On Sale on NYSE on Nov. 7
Publish date:
Updated on

Twitter has priced its shares for its Nov. 7 IPO on the New York Stock Exchange at $26 a share, The Wall Street Journal reports.

That price is much higher than the company's initial estimate, which was in the range of $17 to $20 and reflects higher demand among institutional investors.

The share price of $26 would give the company a market capitalization of $14.4 billion, the Journal estimates.