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| New information from Twitter's S-1 document has shed light on the company's expected IPO date, reports PrivCo, a business and financial research company. Updates to the document, which was released last week to the public, mention that Twitter employees can begin to sell shares of the stock on the market beginning Feb. 15, 2014. The typical lock-up period for employees is 90 days, according to PrivCo, meaning they can't sell stock for the first three months the company is on the market. Counting back 90 days from Feb. 15 would mean the Twitter IPO would hit Wall Street on Nov. 15. |
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