[New post] Twitter shares fall below IPO price

sskarthik posted: "Twitter shares sank to an all-time low Thursday, crashing below the level of its initial public offering in 2013, as growth concerns intensified over the one-to-many messaging platform. In afternoon trade, Twitter sank as low as $25.92, a drop of six perc" Respond to this post by replying above this line New post on SKarthik.info Twitter shares fall below IPO price by sskarthik Twitter shares sank to an all-time low Thursday, crashing below the level of its initial public offering in 2013, as growth concerns intensified over the one-to-many messaging platform. In afternoon trade, Twitter sank as low as $25.92, a drop of six percent, falling for the first time below the $26 level of its November 2013 IPO, amid a steep drop in the overall US stock market. Twitter stock hit highs in late 2013 above $70 on euphoria over the IPO but have been dogged by concerns on sluggish growth and a lack of profitability. Read more... sskarthik | August 21, 2015 at 2:17 am | Categories: Computers and Internet | URL: http://wp.me/p1eKZE-3g3V Comment    See all comments Unsubscribe to no longer receive posts from SKarthik.info. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://sskarthik.wordpress.com/2015/08/21/twitter-shares-fall-below-ipo-price/ Thanks for flying with WordPress.com