Arizona Real Estate News

Twitter reveals revenue, net loss in public IPO filing

SAN FRANCISCO -- Twitter made its IPO filing public Thursday, revealing a social media company growing rapidly but spending heavily to keep that momentum going. Twitter said in the filing that it plans to raise as much as $1 billion, although such early disclosures can change as the IPO progresses. The stock ticker will be TWTR and the banks leading the offering are Goldman Sachs, Morgan Stanley and JP Morgan, according to the filing with the Securities and Exchange Commission.
Original article here