Cheaper than the stock Twitter Facebook

CALIFORNIA - Twitter will sell 70 million shares at a price of USD 17 - USD 20 or approximately USD 180 thousand , when the company began its initial public launch IPO on the New York Stock Exchange .
This offer is equivalent to 13 percent ownership of the microblogging site . With the stock value reaches USD 11.1 billion . In IPO documents mentioned , Twitter has 218 million active users , who send chirp more than 500 million per day .
Growth of microblogging site also shows steady numbers since its launch seven years ago . However, having a large number of users is not always synonymous with profit . The company has yet to make a profit .
According to BBC ( 25/10 ) , Twitter actually lose USD 69 million in the first six months of 2013 , and earned revenue of USD 254 million . Twitter revenue mainly from advertising , which is paid to promote products chirp companies , which reached 85 percent .
Some analysts said that Twitter shows signals strong growth , with total revenues increased from USD 28 million in 2010 to USD 317 million at the end of 2012 .
With the IPO , Twitter became the largest Internet companies that went public after Facebook . Facebook itself fix the price of its USD 38 per share . The price goes up just a few hours after launch to reach $ 45 , but then declined .
Many analysts expect the stock price lower Twitter from Facebook , will help increase its stock price a few days after launch .
"The fact that the value is lower than expected , I think it's the right option by the underwriters . I think it will help increase , " said Michael Yoshikami of Destinational Wealth Management .