Twitter Inc. would be planning to release its secret filing for an initial public offering (IPO) this week. That means the social media and microblogging company’s stock could get its shares on the public market by late October or early November.
Twitter’s IPO was anticipated. It will however be far smaller than Facebook Inc.’s $16 billion offering last year, notably because Twitter has less than $1 billion in revenue, where Facebook had $3.7 billion in sales the year before its IPO.
