4:54am

Thu November 7, 2013
Business

Twitter Sets IPO Price

Originally published on Thu November 7, 2013 5:57 am

Twitter goes public at $26 per share on Thursday. That's up from an earlier planned offering in the $17 to $20 range — and it may signal increased demand from institutional investors like hedge funds. Twitter is valued at just over $18 billion even though it has never turned a profit.