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Report: Twitter IPO Priced at $26 A Share

Will go on sale on NYSE on Nov. 7 11/06/2013 07:00:23 PM Eastern

Twitter has priced its shares for its Nov. 7 IPO on the New York Stock Exchange at $26 a share, the Wall Street Journal reports.

That price is much higher than the company's initial estimate, which was in the range of $17 to $20 and reflects higher demand among institutional investors.

The share price of $26 would give the company a market capitalization of $14.4 billion, the Wall Street Journal estimates.

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