Twitter stock likely fell because investors are worried the Trump ban will erode interest in the platform and lead to boycotts among those who see the decision as politically motivated and a way to silence a major conservative voice.
Full Answer
Why is Twitter stock performing so badly today?
· The reason they're making the sale is, Twitter sees opportunities in performance advertising and, specifically, in commerce as well on the platform. They're pursuing what they consider to be higher...
Will Twitter stock price be worth it in 5 years?
· Twitter stock is down more than 6% in midday trading on Thursday as Wall Street appears to have little faith that a closely-watched board meeting will …
What is the change in the TWTR (Twitter Inc) stock price?
· What happened. Twitter (NYSE: TWTR) shareholders were taken on yet another wild ride this morning after Tesla CEO Elon Musk -- who is attempting to acquire the social media platform -- sent out a ...
Where can I find Twitter stock exchange?
· NEW YORK ( TheStreet) -- Twitter 's ( TWTR) - Get Twitter, Inc. Report stock has been plummeting recently. Yesterday, the stock dropped nearly 6%, and closed at $26. The social media company's ...
See more
That comes after the stock closed at a record low of $14.40 on Tuesday. Still, there are silver linings in Twitter’s financials. The company managed to match Wall Street analysts’ expectations ...
Why is Twitter stock dropping?
Twitter is sinking deeper into levels the stock hasn't seen since Elon Musk announced his 9% ownership stake in the social media company in early April. The drop is largely fueled by speculation that the Tesla and SpaceX CEO might not be able to get this deal over the finish line.
Should you buy Twitter stock now?
It's tempting. But experts say buying Twitter stock right now is not such a good idea. “Investors should not buy Twitter,” Matthew Tuttle, CEO of Tuttle Capital Management told Money via email.
What will happen to Twitter stock?
Twitter still remains a publicly-traded company on the New York Stock Exchange and will remain so until the platform is “delisted.” Up until that time, which could take weeks or months, retail (non-institutional) shareholders can still buy and sell the stock.
Why did Twitter stock go up?
Shares of Twitter have given up all of their gains since Elon Musk disclosed his 9% stake in the company last month. Musk tweeted Friday that the deal is on hold until he finds out more details on how many fake accounts are on the platform. Musk would be on the hook for a $1 billion breakup fee if he abandons the deal.
Did Elon Musk buy Twitter?
On April 14, 2022, business magnate Elon Musk offered to purchase American social media company Twitter, Inc., for $43 billion, after previously acquiring 9.1 percent of the company's stock for $2.64 billion, becoming its largest shareholder....Acquisition of Twitter by Elon Musk.InitiatorElon MuskCostUS$44 billionInitiatedApril 14, 20223 more rows
Who is buying Twitter?
The Tesla and SpaceX CEO has struck a deal to acquire Twitter for $44bn. How will the platform change? It has been a volatile deal, and if it goes through it would be one of the largest leveraged buyouts on record.
Can I still buy twitter stock?
Until the company has been granted regulatory approval and is taken private, no immediate changes to the functionality of the website will happen and anyone can buy shares of the social media platform, using any brokerage firm. Once Twitter goes private, potential investors will not be able to buy shares.
What happens to my shares if company goes private?
What Happens to Shareholders When a Company Goes Private? Shareholders agree to accept the offer to be bought out by investors. They give up ownership in the company in exchange for a premium price for each share that they own. They can no longer buy shares in the company through a broker.
What does twitter going private mean?
When the company goes private, potential investors will not be able to buy shares in the company and it will be delisted on the New York Stock Exchange. Taking Twitter private means that Musk will be less constrained when making comments that may impact perception of the platform.
Can I still buy Twitter stock?
Until the company has been granted regulatory approval and is taken private, no immediate changes to the functionality of the website will happen and anyone can buy shares of the social media platform, using any brokerage firm. Once Twitter goes private, potential investors will not be able to buy shares.
Is Twitter profitable yet?
Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year, except 2018 and 2019 when it made a profit of just over $1 billion.
Why Twitter is being sold?
Billionaire Elon Musk has reached an agreement to acquire Twitter for approximately $44 billion, the company said. The outspoken Tesla CEO, the world's wealthiest person, has said he wants to buy Twitter because he thinks it's not living up to its potential as a platform for "free speech."
Does Twitter pay a dividend?
TWITTER (NYSE: TWTR) does not pay a dividend. Does TWITTER have sufficient earnings to cover their dividend? TWITTER (NYSE: TWTR) does not pay a dividend.
Revenue rose and earnings were positive -- but Twitter stock is down. Why?
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
So what
So what's the problem with Twitter? In a word: Users. Or in three words: Weak user growth.
Now what
Twitter sees two main events affecting its business in the fourth quarter: the election, which Twitter fears could disrupt advertising spending, and the holiday season, which could see an influx in ad spending as producers pay to promote events and products.
