Shares of Twitter dropped by a staggering 23.16% in 14 days from $71.03 to $54.58 at 20:47 EST on Monday, after five successive sessions in a row of losses. NYSE Composite is jumping 0.65% to $16,325.24, following the last session’s downward trend,
Twitter’s last close was $55.22, 47.95% under its 52-week high of $80.75.
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 $54.58 at 20:47 EST, way below its 52-week high of $80.75 and way above its 52-week low of $25.06.
Twitter’s Moving Average
Twitter’s value 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
Elon Musk brainstormed 'snl' skit ideas on twitter, including 'woke' james bond and 'irony man'. According to Business Insider on Sunday, 2 May, "Another Twitter user suggested "The Dogefather," perhaps a mashup of Dogecoin and "The Godfather." "Definitely," Musk replied."
Cathie wood's ARK funds bought 1.3 million shares of twitter as the stock plummeted 15%. According to Business Insider on Monday, 3 May, "Cathie Wood’s Ark ETFs snapped up about 1.3 million shares of Twitter shares during the worst trading week for the social media company since last October."
Twitter is opening its exclusive audio chat rooms to more people, and hosts can soon collect money on ticket sales. According to Business Insider on Monday, 3 May, "The feature allows Twitter users to set up live audio conversations and broadcast them to listeners.", "In the future, hosts will be able to set prices and the number of tickets available, and Twitter will take a slice of the proceeds. "
Twitter to let users sell tickets to live audio chats on spaces. According to Bloomberg Quint on Monday, 3 May, "Even Clubhouse, the startup that inspired Twitter Spaces, has yet to widely release an Android app.", "Now any Twitter user can listen to an audio discussion on Spaces through the iPhone or Android app, and users with more than 600 followers can host."
Twitter will reportedly launch an ad campaign to help local journalists and news outlets gain more followers on the platform. According to Business Insider on Sunday, 2 May, "We’re viewing this as a way of ensuring that Twitter is giving local journalists a national spotlight.", "The company will also host several Twitter Spaces – the company’s live audio feature that aims to rival the live audio platform Clubhouse – with journalists from around the world from countries that include India, Thailand, and Brazil, according to the report."
More news about Twitter.