Scalper1 News
The majority of Twitter (TWTR) stock was pushed from the nest into the market on Tuesday as the company’s biggest post-IPO lock-up period ended, sending shares plummeting. Until Tuesday, only about 80 million Twitter shares, a fraction of outstanding shares, were publicly traded. About 500 million closely held shares were unlocked for possible trades late Monday. They hit the market at Tuesday’s opening bell. This week’s lock-up is the second and Scalper1 News
Scalper1 News