Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
December 31, 2013 03:11 am GMT

Twitters Recent Market Correction Doesnt Mean Its Sky Is Falling

Screen Shot 2013-12-30 at 1.54.02 PMTwitter has had a rough few days in the markets, slipping from north of$74 to just over$60 at the end of trading today. That's not even half the story, however: Twitter's December is one for the record books.If dropping almost 20 percentin a few days of trading is dramatic, so too is Twitter's epic run from December's opening price of$40.76 to its high in the month of$74.31, a rise of more than 82 percentin just 18 trading sessions. The massive rise in Twitter's value far outstrips the ensuing minor correction.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yvtiobzBqYg/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch