Tag Archives: twtr

Twitter Jumps On Buyout Rumors, But Tech Stocks Slump

As other tech stocks tumbled, Twitter (TWTR) stock rose in both regular trading and after hours Wednesday, as rumors swirled about unconfirmed reports that media conglomerate News Corporation (NWS) is interested in taking an ownership stake in the social media site or buying the portal outright. Twitter stock closed at 17.38, up 4.1%, after it had touched a record low for a second straight day, and was up a fraction in after-hours trading. Twitter

Twitter Hits New Low As Popularity ‘Deteriorating’

Twitter (TWTR) stock fell to an all-time low Wednesday, for the third time in the past four trading days, as Mizuho Securities initiated coverage with a neutral rating and price target of 21, saying the social network’s popularity is falling and its revenue growth remains below par. Twitter stock was down 3.5% in afternoon trading in the stock market today, below 19. Twitter stock is trading below its November 2013 IPO price of 26. Mizuho analyst

Twitter Video Service Periscope Breaks 100 Mil Mark

Twitter (TWTR)-owned live video broadcasting service Periscope — which has logged more than 100 million broadcasts since its launch last March — is being directly integrated into the Twitter app starting Tuesday, a change that investment bank Stifel said will simplify the service and further boost its user base. “Previously, sharing a Periscope video opened the Periscope app (or launched the Periscope app page in the App store). Starting today ,