ahhhhhhhhhhhhhhh twitter ipo

Twitter Announces $26 Share Price in a Tweet

A sign is posted outside of the Twitter headquarters on October 25, 2013 in San Francisco, California. Twitter announced that it has set a price range for its initial public offering between $17 and $20 per share and hopes to sell 70 million shares.

Not that Twitter would have announced its IPO share price any other way, but the company utilized its own service to announce an IPO share price of $26 on Wednesday night, ahead of its debut on the New York Stock Exchange on Thursday. That price puts the company’s market capitalization at $14.4 billion, according to The Wall Street Journal. The New York Stock Exchange is so excited it hung a banner of the Twitter bird out front. Naturally, this has already been turned into a fail whale by people on Twitter.

Twitter Announces $26 Share Price in a Tweet