Twitter announced today...on Twitter...that the company has confidentially begun the process of filing for an Initial Public Offering, or IPO. Filing for an IPO is the first step for a company to go public, so this means we'll be seeing TWTR on the stock market at some point pretty soon.
Like many red-blooded Americans, the PPX staff will be taking July 4th off to drink beer, eat hamburgers, and bask in the glory of our great nation. We will not be posting a new IPO on Wednesday. Play the stocks you've got and then go outside and light some firecrackers.