Wednesday, 6 June 2018

Twitter to raise $1 billion in debt as stock price surge signals investor confidence

A screen displays the stock price of Twitter above the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., January 31, 2017.
While Facebook faces controversy after controversy, and Snap faces questions about its traction and viability, long-maligned Twitter finds itself suddenly feeling the warm fuzzies from investors. The company announced today that it will use its sudden momentum to raise $1 billion in debt through a sale of bonds which could be later converted to sto…Read More

from Social – VentureBeat https://ift.tt/2HsBT72

No comments:

Post a Comment