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

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Here's Your Second Chance To Buy In On The Twitter IPO
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Twitter Inc (NYSE: 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.

Posted-In: Technicals Intraday Update Movers Tech Trading Ideas Best of Benzinga

 

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