Skip to content

Twitter Inc's One-Day $9.8 Billion Drop in Market Share

Twitter’s shares have taken a great big 25 percent dump, which is the equivalent of losing $9.8 billion in market value, after the social media company stated that there was a “sharp slowdown in user growth.”

 Reuters reported this:

 The stock, which debuted at $26 in November, hit a low of $50 in early trading. The shares hit a peak of $74.73 in late December asinvestors bet that the social media platform could become as ubiquitous as Facebook.

 Analysts, unlike investors, were divided on the company‘s outlook a day after it reported fourth-quarter results.

 Twitter, according to broker assessments, is either the overvalued owner of a niche product whose potential is fading or an undervalued phenomenon that is set to give Facebook a run for its money in mobile.

 Could Twitter be in decline, or will it bounce back like Facebook did?

Comment count on this article reflects comments made on and Facebook. Visit Breitbart's Facebook Page.