Twitter IPO Launched

Social media website Twitter that his much anticipated IPO price of $ 26 [ Rs 1,627 ] per share is fixed . The company's shares traded on the New York Stock Exchange was launched on Thursday . San Francisco- based firm at the IPO price of 1.8 billion [$ 113 billion ] to raise money .
Twitter IPO under seven million shares are offered for sale . Since founding the company over a period of seven years has never earned a profit . Initially the company had fixed the IPO price per share of $ 17-20 . But the price has been increased . The growth of the company announced Thursday . In 2012 came the Facebook IPO investors in the world 's eyes were fixed on Twitter . However , like Facebook , Twitter ponderous the IPO price and the noise is not launched . Twitter's total price value around 112 608 million [ $ 18 billion ] is estimated .
The social networking site Facebook IPO, to avoid the problems encountered in the way of the New York Stock Exchange and Nasdaq have chosen instead . Facebook IPO got stuck in technical problems . Then Securities and Exchange Commission had fined a million dollars on the Nasdaq . Barclays Capital announced on Wednesday that it has a chance to manage Twitter IPO . Experts pointed out that within one year the share price could reach $ 54 . Twitter has 23 million subscribers .