UPDATED: Twitter sets IPO stock price at $26

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The speculation can end.

In true social media fashion, Twitter announced their stock price in a tweet. Of course there was a lot more info to announce than could be contained 140 characters or less, so they cheated by posting a picture… full of text…

At $26 a share, Twitter could drop more than $1.8 Billion into its coffers, and you too could own your very own piece of “TWTR” when it goes on sale this Thursday.

All that’s left is to see how the market responds…

***UPDATE***

In morning trading the stock opened at $45.10, and has held to around $46 so far. It’s estimated that Twitter will receive over $2 Billion, and there’s been far less drama today than during Facebook’s shaky public offering.

Share your thoughts?