Twitter will list on the New York Stock Exchange in an initial public offering expected to net close to $1.5 billion, TheStreet.com reported.
The IPO from the San Francisco firm is expected to come before Thanksgiving. Twitter will sell up to 55 million shares at around $28-$30 a share, according to TheStreet.com.
Sources speculate Twitter is aiming at a lower-profile public offering — rather than the projected $15 billion — and listing on the NYSE to avoid comparisons to Facebook, which struggled after going public on NASDAQ in 2012 and has only recently surpassed its IPO share price.
