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May 6, 2014 08:55 pm GMT
Today a massive quantity of Twitter stock unlocked, allowing shareholders in the firm that have long held stock in the social giant to sell their equity. The impact, perhaps as expected, is a bloodbath, with Twitter sinking more than 11 percent at the time of writing. Twitter is trading around the $34.40 mark, up slightly from a new record low of $34 that it set earlier today. It's worth… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/aL2G44R3cgY/
Twitter Tanks To New Record Lows As Hundreds Of Millions Of Its Shares Unlock
Today a massive quantity of Twitter stock unlocked, allowing shareholders in the firm that have long held stock in the social giant to sell their equity. The impact, perhaps as expected, is a bloodbath, with Twitter sinking more than 11 percent at the time of writing. Twitter is trading around the $34.40 mark, up slightly from a new record low of $34 that it set earlier today. It's worth… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/aL2G44R3cgY/
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