Sr. Correspondent, Broker Research, Bangalore, India
Saqib's Feed
Feb 11, 2014
Feb 7, 2014
Feb 6, 2014
Feb 6, 2014
Feb 6, 2014

Investors dump Twitter stock as results divide Wall Street

By Saqib Iqbal Ahmed

(Reuters) – Twitter Inc’s shares fell almost 25 percent on Thursday, wiping out about $9.8 billion in market value, after the company reported a sharp slowdown in user growth.

The stock, which debuted at $26 in November, hit a low of $50 in early trading. The shares hit a peak of $74.73 in late December as investors bet that the social media platform could become as ubiquitous as Facebook.

Jan 29, 2014
Jan 23, 2014
Jan 23, 2014
Jan 22, 2014
Jan 19, 2014
    • About Saqib

      "Saqib is Senior correspondent, Broker Research and leads a team of five reporters covering equities research. He previously worked as a producer on the Reuters Global Online desk. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
      2009
      Languages:
      English, Hindi, Bengali
    • More from Saqib

    • Contact Saqib

    • Follow Saqib