Twitter raises IPO price range

That little blue bird sure is getting a big head.

Micro-blogging site Twitter raised the range of its initial public offering by about 25 percent Monda🐓y amid expectations for a hot public debut on𒈔 Wednesday.

The site raised the range of its share price to between $23 and $25 a💧 share, up from a previous range of $17 to $20 a share, it said in a filing with the Securities and Exchange Commission.

The new price increases Twitter’s valuation to $13.6 billion and put it in the top 8 percent of companies that have increased their price ranges heading into initial public stock offerings thi🃏s year, according to data from investment banking research 🦹firm Dealogic.

Still, the ju♔mp was welcomed by Twitter shareholders like Kevin Landis of the publicly traded Firsthand Value Technology Fund, which owns about 1 million Twitter shares.

Twitter “priced conservatively in initial rang♛e,” said Landis, who bought Twitter shares at between $16 and $17 a share earlier th✨is year.

“I don’t think they’re going to try to press their luck on t🗹he opening price given how laser-focused they are” on not flubbing their IPOꦆ, like social-networking giant Facebook did, he said.