Twitter is increasing the price for its upcoming initial public offering by as much as a third. The social network is now looking to raise $23 to $25 a share, according to a filing on Monday with the Securities and Exchange Commission.
That sets Twitter’s worth at as much as $14 billion, above its most recent internal value. Breakingviews’ latest calculator offers a way for prospective investors to decide whether that’s too much, or the right enticement.
Richard Beales is an assistant editor for Reuters Breakingviews in New York. For more independent commentary and analysis, visit breakingviews.com.
