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Twitter Boosts IPO Range Amid Strong Investor Demand

Twitter Inc raised the top end of the price range for its initial public offering by 25 percent and will close its books a day early, signaling strong demand for the most closely watched Silicon Valley debut since Facebook last year. Amid a red-hot market for IPOs and soaring equity markets, Twitter raised its price range to $23-$25 per share on Monday, from a previous $17-$20. The microblogging network, which has yet to turn a profit, kept the size of the offering at 70 million ...

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