Twitter prices IPO at $26

|By:, SA News Editor

Twitter's (TWTR) IPO price is above its $23-$25 range, but below the $27 the company's underwriters were reportedly aiming for. Shares begin trading tomorrow.

Twitter raised $1.82B through its 70M-share offering. Based on common stock outstanding, the microblogging leader's IPO valuation stands at $14.2B. If one factors outstanding options and restricted stock units, Twitter's valuation is north of $17B. (S-1)