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Twitter's stock symbol is TWTR, which is listed on the New York Stock Exchange (NYSE).
The stock symbol is a unique identifier that represents the company on the stock exchange. It's used to buy and sell shares of Twitter's stock.
In 2013, Twitter went public with an initial public offering (IPO) and began trading under the symbol TWTR.
Investing in Twitter Stock
Twitter shares are no longer traded on a public exchange, but you can still buy and sell Twitter stock as a private investor with some research.
To buy Twitter stock, you'll need to find a specialized platform or broker that deals in pre-IPO or private stock, such as EquityZen, Forge Global or EquityBee. These platforms connect buyers and sellers of private stock and facilitate transactions.
Whether Twitter stock is a good investment depends on your risk appetite, time horizon and financial situation. If you seek a long-term investment with growth potential, innovation and leadership, Twitter stock may be worth considering, but beware of its volatility, competition, regulation and backlash.
Here are some key factors to consider when investing in Twitter stock:
- Growth potential: Twitter boasts a vast and devoted user base, real-time nature, brevity, virality and influence.
- Innovation: Twitter is constantly enhancing its platform with new features and functionalities, such as Spaces, Fleets, and Super Follows.
- Leadership: Elon Musk's entrepreneurial and innovative spirit has transformed numerous industries, including automotive, aerospace, energy, transportation and communication.
Is Stock a Good Buy?
Is Twitter stock a good buy? Whether it is depends on your risk appetite, time horizon, and financial situation. If you're looking for a long-term investment with growth potential, innovation, and leadership, Twitter stock may be worth considering.
Twitter has seen increased user growth, engagement, revenue, and profitability under Elon Musk's leadership. Some investors and analysts believe that Twitter could benefit from Musk's other ventures, such as Tesla, SpaceX, Neuralink Corp., and Starlink through cross-promotion, collaboration, or integration.
However, Twitter could face more legal, regulatory, ethical, and social challenges and backlash because of Musk's changes. Whether Twitter can sustain its growth and performance in the long run remains to be seen.
If you do decide to invest in Twitter stock, be aware of its volatility, competition, regulation, and backlash. It's essential to weigh these factors against the potential benefits.
Here are some pros of buying Twitter stock to consider:
- Growth potential: Twitter boasts a vast and devoted user base.
- Innovation: Twitter is constantly enhancing its platform with new features and functionalities.
- Leadership: Elon Musk's entrepreneurial and innovative spirit has transformed numerous industries.
Ultimately, the decision to invest in Twitter stock depends on your individual circumstances and risk tolerance.
Managers and Directors
As you consider investing in Twitter stock, it's essential to understand the leadership team behind the company. The current CEO is Linda Yaccarino, who took over the role on June 4, 2023, at the age of 62.
Linda Yaccarino is not the only CEO Twitter has had recently, as Elon Musk held the position from October 27, 2022, until June 4, 2023, when he was 52 years old.
The Chief Operating Officer, Aditya Vimalkumar Agrawal, has taken on a significant role within the company, but unfortunately, his age and start date are not publicly available.
Elon Musk also serves as the Chairman of Twitter, a position he took on in 2023, marking another significant leadership role within the company.
Here is a summary of the current leadership team:
Research and Analysis
Ronald Josey from CITI is one of the analysts covering TWTR, but he's not the most reserved, as he only met 2 out of 4 price targets.
Barton Crockett from ROSENBLATT is the most reserved analyst covering TWTR, as he only met 2 out of 4 price targets, which is a 50% success rate.
AnaChart is a tool that provides an average performance score of analysts covering a particular stock, giving investors a quick snapshot of the overall performance of analysts.
History
Twitter was launched in 2006 as a microblogging platform to share short messages, called tweets, of up to 140 characters.
The platform quickly gained popularity among celebrities, politicians, and everyday people who use it to share their opinions, news, jokes, memes, and other content.
After going public in 2013, Twitter's stock price soared to $45 per share.
In February 2016, the stock reached its lowest point of $14 per share, losing more than 80% of its value from its peak.
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Twitter has since recovered from its slump by expanding its content offerings to include live video streaming.
The company took significant steps to enhance its user experience by introducing new features, redesigning its interface, and improving its algorithms.
In October 2022, Elon Musk acquired Twitter for $44 billion and took the company private.
Top Analysts Covering
The top analysts covering TWTR (Twitter) are quite impressive. Some of them have a remarkable track record of accurately predicting the stock's performance.
Daniel Ives from Wedbush is one of the most accurate analysts, having a 15/16 (93.75%) ratio of price targets met.
Ronald Josey from CITI, on the other hand, has a lower ratio of 2/4 (50%), indicating that his predictions may not be as reliable.
AnaChart is a tool that likely provides an analysis of these analysts' predictions, but unfortunately, we don't have more information about it.
Here's a quick rundown of the top analysts' performance:
It's worth noting that these analysts are currently covering TWTR, and their predictions may be worth considering when making investment decisions.
Frequently Asked Questions
Why did Twitter get delisted?
Twitter got delisted from the NYSE because Elon Musk took the company private, as promised, and its stock trading ceased. This change occurred on November 8.
What is Twitter's ticker symbol?
Twitter's ticker symbol is TWTR. Note: TWTR is currently delisted, meaning it's no longer actively traded on major exchanges.
Is Twitter still publicly traded?
No, Twitter is no longer publicly traded after Elon Musk's $44 billion buyout in April 2022. The company's private status may have significant implications for its operations and user experience.
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