Twitter unseals papers for IPO
Posted Oct 4, 2013 05:44:00 AM.
This article is more than 5 years old.
Twitter says it hopes to raise up to one-billion-dollars, as the social media giant released documents leading up to its initial public offering of stock.
The company’s stock should begin trading under the ticker symbol “T-W-T-R” this fall, barring a market meltdown or regulatory hurdles.
Twitter’s revenue totalled 254-million-dollars for the first half of this year, and if it maintains that growth pace, the company’s revenue will surpass
656-million-dollars this year.
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