Shares of Twitter dropped by a staggering 32.96% in 30 days from $80.24 to $53.79 at 22:42 EST on Sunday, following the last session’s upward trend. NYSE Composite is rising 0.79% to $16,590.44, after three successive sessions in a row of gains.
Twitter’s last close was $53.81, 50.12% below its 52-week high of $80.75.
The company’s growth estimates for the ongoing 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 $53.79 at 22:42 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
From twitter to palantir, losses in technology stocks stack up. According to Bloomberg Quint on Friday, 7 May, "The famed money manager seized upon recent selling in Twitter Inc., Skillz Inc. and Palantir to buy shares."
A fraud tracker says verified twitter accounts were taken over to send Bitcoin spam to Elon Musk's followers, ahead of his 'snl' appearance. According to Business Insider on Saturday, 8 May, "A series of verified Twitter accounts posted bitcoin spam targeting followers of Tesla CEO Elon Musk, according to a fraud tracker.", "Their account names were also changed to "SNL," though their Twitter handles and bios appeared unaltered."
More news about Twitter.