Twitter Is Still Flat, Depsite 18 Months Of Volatile Trading

shares ended Tuesday's crazy session lower by about $9.45 (18 percent) at $42.27. A leak of the company's Q1 earnings report has the stock in a trading frenzy. The company beat on EPS ($0.07 vs. $0.04 estimates), but came up shy on revenue ($436 million vs. $456.2 million estimates). The company also lowered guidance for Q2 sales ($2.17-$2.27 billion vs. $2.37 billion estimates). See Also:

Before the issue was halted around 3:27 p.m. ET, it traded down from the $51 level to the mid-$48 handle. Following the halt, the bottom fell out and it caved to $39.44 before staging a rebound to $44.20 and resuming its decline. Interestingly, Twitter has not been under $40 since it bottomed just ahead of its Q4 earnings report at $39.82 on February 4. Two trading sessions later, it was at $48.01 and posted its highest close for the rally on April 7 at $52.87. After 12 minutes of volatile trading on monster volume, Twitter ended Tuesday's session at $42.27. Twitter debuted in November 2013 and ended the first month of trading at $41.57. It appears that after 18 months of volatile trading -- all-time high from December 2013 ($74.73) to its all-time low from May 2014 ($29.51) -- the Street is still undecided on the true value of the company.