Twitter announced Thursday (9/12/2013)that it had taken a step toward an IPO. Here’s a look at how other tech companies have performed after going public.
Twitter Twitter announced on Sept. 12, 2013, that it has filed paperwork to begin the process of become a publicly traded company. The firm made its announcement in a Twitter message at 5 p.m. Eastern, saying: “We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.” Outside analysts pegged Twitter’s valuation at around $10 billion earlier this year. Kimihiro Hoshino/AFP/Getty Images Buy Photo