Twitter tweets plans for stock offering-:

Twitter announced on Thursday via tweet that it will for the first time offer shares to the public.

The social media company said it had already filed paperwork with Securities and Exchange Commission regulators for a planned initial public offering of shares.

“We’ve confidentially submitted (documents) to the SEC for a planned IPO,” the company said.

According to The Wall Street Journal, Twitter has engaged Goldman Sachs to lead the planned stock sale, which will be the most eagerly-awaited technology IPO since Facebook went public in May 2012.

Twitter will be hoping its offering will meet with more success than Facebook’s IPO flop.

arusi

PGDM 3rd Sem