Twitter

TwitterTwitter is now in the home stretch, as it finally begins trading in the New York Stock Exchange on Thursday under the ticker TWTR. And, it’s entering the market at $26 — higher than noted in its SEC filing request — according to CNBC. Twitter has also confirmed this information via the microblogging network. At a $26 share price, the company would be valued at $18.2 billion. Gigaom reported back when Twitter first filed to go public in September that the company had been receiving bids from hedge funds priced between $26 and $28 a share for its shares. Since filing its S-1 last month, the company has been gaining momentum before its start on the trading floor. At its initial filing, the company admitted that it was not yet profitable and had $316 million in revenue. That initial filing had stock at between $17 and $20 per share, though analysts guessed that it would be possible for the company to enter the market with a price as high as $30.

Read the full story at Giga OM.

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