Twitter takes flight, prepares to raise $1.8 billion in biggest tech IPO of the year

Twitter is set to hold its initial public offering on the New York Stock Exchange this morning. The IPO is still a hit with investors, however, who are hungry for any opportunities to access serious growth amid a global economic slowdown. Twitter's business is most often compared to its rival Facebook, which raised a whopping $16 billion during its IPO in 2012. Facebook has more than one billion users, compared to Twitter's 230 million, and had shown it could be profitable prior to going public.

via Tech News Headlines - Yahoo! News http://www.theverge.com/2013/11/7/5076484/twitter-ipo-twtr-public-offering-stock