Twitter is set to make its Wall Street debut with a share price of $26, the company tweeted on Wednesday.
“We’ve priced our initial public offering of 70,000,000 shares of our common stock at a price to the public of $26 per share,” the company wrote. “Our shares are expected to begin trading on the New York Stock Exchange on November 7, 2013 under the symbol ‘TWTR.’”
Also read: Twitter Bumps Up Share Price Range
The price puts the company’s valuation at $18 billion.
Twitter’s stock has increased in projected value in the run-up to the initial public offering. At first, the company set the price per share at $17-20. On Monday, it bumped that up to $23-25.