Tag Archives: twtr

Weibo Analysts Eye User Metrics, Alibaba Partnership

Newly public Weibo (WB) has already released most of its key financial results for Q1, so when the company officially reports Wednesday analysts will be eyeing user metrics. “Apart from the preliminary financial figures, I am more interested to find out the trend of daily active user growth,” wrote Morningstar analyst Yue Yao in an email to IBD. Weibo runs a microblogging social network similar to Twitter (TWTR) or Facebook (FB). Weibo had 61.4

Twitter Hits New Low, Leading Social Network Meltdown

Twitter’s (TWTR) biggest post-IPO lockup ended, triggering a massive wave of selling in the microblogger’s stock Tuesday. While the number of company insiders selling shares was the low, Twitter fell 18% to 31.85, 57% off its Dec. 26 peak of 74.73 and hitting a post-IPO low. The stock’s new issue priced at 26. Other social networks suffered big losses. LinkedIn (LNKD), a networking site for professionals, crashed nearly 6% to a 52-week low.

Twitter Lock-Up Ends With Two Insiders Selling

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