Stock in News: Twitter (NASDAQ TWTR) Flying High!

Technology Stocks News 13

Twitter (NASDAQ TWTR) posted their Q4 results this past week. The results were very positive for the stock and seemed to take the market by surprise. Just after the release of the reports, the stock started to plummet. However, the stock started rising again once Twitter confirmed that it had an yearly growth of 97%. The stocks finally rose around 10% to end the day on a high.

Although twitter still lags Facebook by some distance in terms of popularity, it did post some very positive results. The earnings and revenue both rose and rose more than what the analysts had predicted for the stock. In fact the growth achieved was almost twice of the predicted ratings.

Here in this article, we will take a look at the Twitter (NASDAQ TWTR) stock. The performance of the stock would be looked at closely in this article. Also various features and developments around Twitter would be scrutinized and commented upon.

News on Twitter (NASDAQ TWTR)

The Total revenues for Twitter was around $479 million in the fourth quarter. This is more than double of what the company posted last year in the same Quarter, which is very impressive. Similarly the adjusted earnings was 12 cents as opposed to 2 cents a year earlier.

The stock has been performing well. It is there at around $50 levels which is a relative peak for the stock. Twitter has been close to deals with Google for a while. They have been in news off late in connection to such deals. It would be interesting to know how the stock would react to any such potential deals.

Twitter (NASDAQ TWTR) Business News

Twitter (NASDAQ TWTR) is a stock which many are claiming to be slightly over priced. Unless there is some strong news surrounding the stock, we may as well see a relative decline of the stock in the coming days.

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