Washington, Oct 25: Twitter is reportedly targeting November 6 as its most-anticipated IPO launch.
The microblogging site is speculated to offer shares between 17-20 dollars for its public debut.
According to the New York Post, the company, which will trade under the ‘TWTR’ symbol, has filed its IPO documents using one billion dollars as a placeholder.
Sources said that Twitter’s IPO is being led by Goldman Sachs with Morgan Stanley, with JPMorgan Chase also playing a key role, and the banks are preparing to kick off the ‘road show’ to pitch the stock to potential investors as early as 28th Oct er.
Twitter’s IPO debut is set to be the hottest after rival Facebook’s debut in May 2012, which was marred by technical glitches. (ANI)