NY Post: Twitter IPO could happen in November


"Sources familiar" with Twitter's plans tell the NY Post the company "could go public as early as November, ahead of Thanksgiving, thereby avoiding the post-holiday doldrums." They add an IPO could happen just a few days after Twitter finishes its roadshow.

Dan Primack reported last week Twitter is setting the groundwork to go public this year rather than next, and could provide a public S-1 within the next several weeks.

Meanwhile, CNBC observes traders are buying Twitter contract for difference derivatives with a $15.04B-$16.04B valuation spread. A broker-dealer has already been reported to be offering Twitter shares at a $15.5B valuation.

GSV Capital (GSVC -1.5%) is trading moderately lower, and the Firsthand Technology Value Fund (SVVC +0.3%) is up fractionally.

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