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Thursday, micro-blogging site Twitter (NYSE: TWTR) will debut as a publicly traded company on Wall Street's Big Board. Many analysts - including those at Money Morning - will steer clear of the hotly anticipated IPO - but TWTR has had no trouble generating investor interest.
The San Francisco-based company even increased its price range Monday on roughly 70 million shares from $17 to $20 per share to $23 to $25. The move values the company at a whopping $13.9 billion, or 26 times its revenue over the last 12 months. Twitter hopes to raise as much as $1.75 billion.