Twitter (TWTR) Stock Surge Goes Main Street

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Go back to Twitter (TWTR) Stock Surge Goes Main Street

Twitter (TWTR) Sell-Off Continues Early Monday

December 30, 2013 8:12 AM EST

Following Friday's 13% sell-off, Twitter (NYSE: TWTR) is down another 4% in pre-open action Monday. The sell-off comes as investors re-evaluate its premium multiple versus peers. Friday's valuation downgrade from Macquarie's Ben Schachter triggered the sell-off.... More

Macquarie Cuts Twitter (TWTR) to Underperform; Unchanged Fundamentals Don't Justify Run-Up

December 27, 2013 7:02 AM EST

Macquarie downgraded Twitter, Inc. (NYSE: TWTR) from Neutral to Underperform and maintained its $46 price target.

Analyst Ben Schachter noted that Twitter's fundamentals have remained unchanged and there's nothing to justify the 40 percent surge since the analyst started coverage on the stock December... More