One Year After Its IPO Twitter Hasn't Really Gone Anywhere
Twitter’s IPO took place exactly one year ago today. Priced at $26 per share, Twitter rallied 73 percent to close at $44.90 on the day, more than delivering on the hype. And there was more to come – just before Christmas 2013, the stock zoomed up to $73.31.
And after that? Nothing.
Well, nothing good, anyway. The “Santa rally” was Twitter at its absolute peak. The market then slumped consistently all the way down to a $30.50
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