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IPO in the works for Twitter as they aim to go public

Earlier this year Twitter filed an S-1 IPO statement with the SEC to state its interest in moving the company to become publicly traded. As of this week the S-1 statement has become general public record so that investors can have access to the companies financials records. To enhance the desirability of their stock they look to raise $1 billion in the the initial offering by vamping up advertising and killing off third party Twitter apps to direct all traffic to their website and apps. That would be a huge move for the company because it would affect all of its two hundred thousand plus users. The company would be underwritten by investing giants Goldman Sachs and Morgan Stanley to name a few. Twitter would trade under the ticker symbol TWTR.


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