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Business Twitter Plans to Sell Stocks like Facebook

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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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