3 Buzzing Social Media Stocks: Facebook Beats Estimates, Twitter's Flight Date …
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Twitter Inc. (NYSE:TWTR): New York STock Exchange listing head Scott Cutler said Thursday that Twitter would begin officially trading on November 7, confirming earlier speculations. The underwriters involved include Goldman Sachs, Morgan Stanley, and JPMorgan; Twitter is hoping to move 70 million shares at a price range of $17-$20, although many believe that the range will likely be raised given the strong demand.
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