Twitter ($TWTR) came public in November 2013 and started trading near $40 per share. A month later, in December 2013, the stock surged to a record high of $74.73 and people thought Twitter could do no wrong. In near textbook fashion, the proverbial music stopped and the stock plunged and entered a private bear market. The stock just hit a new record low Tuesday (5/24/16) morning below $14/share.
Twitter ($TWTR) came public in November 2013 and started trading near $40 per share. A month later, in December 2013, the stock surged to a record high of $74.73 and people thought Twitter could do no wrong. In near textbook fashion, the proverbial music stopped and the stock plunged and entered a private bear market. The stock just hit a new record low Tuesday (5/24/16) morning below $14/share.
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