{"id":2029,"date":"2013-10-30T19:59:10","date_gmt":"2013-10-30T19:59:10","guid":{"rendered":"http:\/\/demo.inkhive.com\/inkzine\/?p=2029"},"modified":"2018-01-24T11:38:25","modified_gmt":"2018-01-24T11:38:25","slug":"the-twitter-nyse-honeymoon-is-over-as-stock-price-takes-another-nosedive","status":"publish","type":"post","link":"https:\/\/demo.inkhive.com\/cleanpress-pro\/2013\/10\/30\/the-twitter-nyse-honeymoon-is-over-as-stock-price-takes-another-nosedive\/","title":{"rendered":"The Twitter NYSE Honeymoon Is Over As Stock Price Takes Another Nosedive"},"content":{"rendered":"<p><a href=\"http:\/\/demo.inkhive.com\/cleanpress-pro\/wp-content\/uploads\/sites\/18\/2013\/12\/twitter-ipo22.jpg\"><\/a>Today at market opening, Twitter shares (NYSE:TWTR) dropped once again. Shares were at $60.27, down 5.46 percent compared to Friday\u2019s closing price of $63.75. This nosedive marks the end of the honeymoon between Twitter and the NYSE as many analysts stated that shares are overpriced. Until now, the stock held strong amid those reports, but that seems to be coming to an end.<\/p>\n<p>It is not the first drop as shares were already\u00a0down\u00a013 percent on Friday, shaving $5 billion off Twitter\u2019s market capitalization. It was a big correction of Thursday\u2019s good performance \u2014 on Thursday, shares popped 5 percent for no apparent reason.<\/p>\n<p>Many analysts find that Twitter is an expensive company. With a market cap of $33.6 billion, the company has yet to turn a profit \u2014 analysts\u00a0don\u2019t expect\u00a0to see any profit before 2015. But this pessimistic trend on the analyst\u2019s side seems to be increasing. On Friday, Macquarie analyst Ben Schachter downgraded Twitter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today at market opening, Twitter shares (NYSE:TWTR) dropped once again. Shares were at $60.27, down 5.46 percent compared to Friday\u2019s closing price of $63.75. This nosedive marks the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2034,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[16,23,25,56,42],"class_list":["post-2029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blog","tag-inkzine","tag-magazine","tag-technology","tag-twitter"],"_links":{"self":[{"href":"https:\/\/demo.inkhive.com\/cleanpress-pro\/wp-json\/wp\/v2\/posts\/2029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demo.inkhive.com\/cleanpress-pro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo.inkhive.com\/cleanpress-pro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo.inkhive.com\/cleanpress-pro\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo.inkhive.com\/cleanpress-pro\/wp-json\/wp\/v2\/comments?post=2029"}],"version-history":[{"count":1,"href":"https:\/\/demo.inkhive.com\/cleanpress-pro\/wp-json\/wp\/v2\/posts\/2029\/revisions"}],"predecessor-version":[{"id":2097,"href":"https:\/\/demo.inkhive.com\/cleanpress-pro\/wp-json\/wp\/v2\/posts\/2029\/revisions\/2097"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo.inkhive.com\/cleanpress-pro\/wp-json\/wp\/v2\/media\/2034"}],"wp:attachment":[{"href":"https:\/\/demo.inkhive.com\/cleanpress-pro\/wp-json\/wp\/v2\/media?parent=2029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo.inkhive.com\/cleanpress-pro\/wp-json\/wp\/v2\/categories?post=2029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo.inkhive.com\/cleanpress-pro\/wp-json\/wp\/v2\/tags?post=2029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}