Twitter Boost IPO Range to $23 to $25 Per Share

By Yomna Yasser On Nov 4, 2013

Twitter Inc on Monday boosted the price range for its initial public offering to $23 to $25 per share, as the microblogging network now seeks to raise up to $1.75 billion.

The previous range was $17 to $20 per share.

Twitter’s IPO is set to price on Wednesday, with shares set to trade on the New York Stock Exchange on Thursday.

Source: Reuters