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Sunday, November 10, 2013

Twitter to raise $1.82B at market cap of $14.2B.

Twitter (TWTR) is due to debut on the NYSE today after pricing its IPO at $26, above an already increased range of $23-$25. Twitter will raise $1.82B by selling 70M shares and it will have a market cap of $14.2B despite generating no profits. 

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