Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
May 14, 2014 05:09 pm GMT

Inside Twitter's Efforts to Keep Calm on the Post-IPO Roller Coaster

Twitter-ipo

In just six short months, Twitter stock holders have been treated to the full, unpredictable Wall Street experience

First the stock surged — big time — jumping from an IPO price of $26 per share in November to more than $70 per share by Christmas Eve. Then came concerns over user growth and profitability, paving the way for a stock decline that eliminated more than half the company's value in a three-month period. By the time Twitter employees were able to sell their shares, six months after IPO, stock price per share was hovering around $30

Response has been predictably hysterical; The Atlantic went so far as to pen a eulogy for the microblogging service. But of the many people surprised by Twitter's recent stock market struggles, there was at least one person expecting it: CEO Dick Costolo Read more...

More about Facebook, Twitter, Ipo, Dick Costolo, and Facebook Ipo

Original Link: http://feeds.mashable.com/~r/Mashable/~3/JmjK6M5idYE/

Share this article:    Share on Facebook
View Full Article

Mashable

Mashable is the top source for news in social and digital media, technology and web culture.

More About this Source Visit Mashable