High investor interest for Twitter

Twitter’s market debut is reported to be oversubscribed before the date of the public offering has even been revealed. The social network is planning to offer 70m shares at between $17 and $20 each, although Twitter could increase the amount or price before going public. Twitter is currently touring major US cities to drum up investor interest as part of the company’s roadshow that concludes 6 November, the day before the company is expected to debut.