Here's Your Second Chance To Buy In On The Twitter IPO

Loading...
Loading...

Twitter Inc TWTR shares are down more than 3 percent on Thursday and are nearing their IPO price of $26.

The social media company went public on November 6, 2013 and hit an intra-day high of $50.09 before closing its first day on the New York Stock Exchange at $44.90. That was the best of times for the stock, however.

Twitter is down more than 25 percent over the past month and even more in 2015 after a series of events has caused investors to flee:

  • April 28, 2015: Shares lost nearly 20 percent at the end of the trading day after earnings were leaked and management cut guidance.
  • June 11, 2015: A SEC filing revealed Dick Costolo was stepping down as CEO. Jack Dorsey was named interim CEO.
  • July 28, 2015: Twitter's second-quarter report, which included a guidance cut, sent the stock down 10 percent.

Second Chance To Buy At IPO Price?

Twitter users themselves are saying a lot about the stock as it approaches it IPO price.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: TechnicalsIntraday UpdateMoversTechTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...