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Twitter Inc prices shares at $26 - source

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Reuters
Last Updated : Nov 07 2013 | 5:40 AM IST

REUTERS - Twitter Inc on Wednesday priced its initial public offering above its expected range to raise more than $1.8 billion, according to a source, in a sign of strong investor demand for the most highly anticipated U.S. public float since Facebook Inc .

The microblogging network priced 70 million shares at $26, above the expected range of $23 to $25, which had already been raised once before.

(Reporting by Olivia Oran; Editing by Bernard Orr)

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First Published: Nov 07 2013 | 5:25 AM IST

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