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Updated from 5:09 p.m. EST to provide revenue information in the fifth paragraph.



) -- After dominating headlines for weeks,


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went public with a bang, near doubling mere minutes after its float. In one of the most highly-anticipated IPOs of 2013, demand was high and investors desperate for a piece of coveted stock.

The San Francisco-based company


its offering at $26 per share late Wednesday. Similar to its initial IPO offering, Twitter used its own social networking platform to reveal its final pricing.

Goldman Sachs

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was the lead underwriter for the offering with

Morgan Stanley

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Bank of America

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as co-underwriters.

The $26 per share offer was upwardly revised from the company's previous range of $23 and $25 a share and significantly higher than early estimates of $17 to $20.

After closing its first trading day 72.69% higher at $44.90, the social network's total market cap is in excess of $24 billion. At its initial $26 pricing, the company was valued at more than $18 billion.

Twitter reported $422 million in revenue through the first nine months of 2013, an increase of 120% from year-ago levels. About 70% of the company's advertising revenue comes from mobile, an excellent sign given it is primarily thought of as a mobile-first experience.

The micro-blogger settled on $26 a share as its initial price for the 70 million on offer, significantly higher than its earlier pricing range of $17 to $20.

Demand hit fever pitch shortly before go-time with the pre-float asking price as high as $44 a share.

Twitter shows off one of its most valuable assets: the hashtag.

Views from the balcony as investors scrum the trading desk.

10:49:25 a.m. EDT: the moment the little bluebird takes flight, soaring 73% to $45.10.


Written by Keris Alison Lahiff in New York