Business Twitter Plans to Sell Stocks like Facebook

BBC has intimated the rest of the world that Twitter is making plans to go into the stock market, which will make it the most expected flotation since Facebook pulled a similar stunt last year.

According to Samira Hussain (BBC), it is hoped that Twitter will “learn some lesson’s” from a similar action carried out by Facebook last year.

The company, Twitter, itself tweeted through its official handle: "We've confidentially submitted an S-1 to the SEC for a planned [initial public offering].

Twitter, which was founded in 2006 by the trio of Jack Dorsey, Biz Stone and Evan Williams is valued at more than $10bn (approx 6.3bn pounds).
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