Twitter Hits New Low, Leading Social Network Meltdown

By | May 6, 2014

Scalper1 News

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. Scalper1 News

Scalper1 News