Credit: Reuters/Kai Pfaffenbach/Files
1 of 2. A file illustration picture shows the search tab for Twitter on a computer screen in Frankfurt, October 21, 2013.
The microblogging network priced 70 million shares at $26, above the expected range of $23 to $25, which had already been raised once before.
The IPO values Twitter at $14.1 billion, with the potential to reach $14.4 billion if underwriters exercise an over-allotment option, as they are widely expected to.
Some analysts say they expect shares of Twitter to experience a small pop during the first day of trading. Twelve-month price targets on the stock range from $29 to $54.
(Reporting by Olivia Oran; Editing by Bernard Orr)
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