UPDATE: Twitter (TWTR) Sell-Off Continues; Shares Down 10%+
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Twitter (TWTR) Sell-Off Continues Early Monday
December 30, 2013 8:12 AM ESTFollowing 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
Twitter (TWTR) Drops to Session Lows
December 27, 2013 2:47 PM ESTTwitter, Inc. (NYSE: TWTR) is now at session lows, down 8.6 percent on the session.... More
Macquarie Cuts Twitter (TWTR) to Underperform; Unchanged Fundamentals Don't Justify Run-Up
December 27, 2013 7:02 AM ESTMacquarie 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
