Shares of Twitter slid by a staggering 22.71% in 14 days from $69.62 to $53.81 at 23:48 EST on Thursday, after five sequential sessions in a row of losses. NYSE Composite is rising 0.68% to $16,459.60, after two consecutive sessions in a row of gains.
Twitter’s last close was $53.56, 50.07% under its 52-week high of $80.75.
The company’s growth estimates for the current quarter is 105.8% and a drop 10.5% for the next.
Year-on-year quarterly revenue growth grew by 28.3%, now sitting on 3.94B for the twelve trailing months.
Twitter’s Stock Yearly Top and Bottom Value
Twitter’s stock is valued at $53.81 at 23:48 EST, way under its 52-week high of $80.75 and way higher than its 52-week low of $25.06.
Twitter’s Moving Average
Twitter’s worth is way below its 50-day moving average of $68.36 and higher than its 200-day moving average of $53.59.
Previous days news about Twitter
Twitter acquires ad-free news reader scroll. According to Bloomberg Quint on Tuesday, 4 May, "Twitter envisions the two products working together, and saids users may one day pay to read newsletters or stories from certain publishers directly on Twitter without any ads.", "Scroll will temporarily halt new subscribers while its 13-person team joins the social media company, Twitter said Tuesday in a blog post. "
Twitter acquires news startup scroll in push for subscriptions. According to FX Empire on Tuesday, 4 May, "The deal will help Twitter build a subscription feature, such as letting users access premium features from news outlets or a writer’s Revue newsletter, Twitter added."
More news about Twitter.