Monday, December 30, 2013

Twitter?s Recent Market Correction Doesn?t Mean Its Sky Is Falling

Screen Shot 2013-12-30 at 1.54.02 PMTwitter has had a rough few days in the markets, slipping from north of�$74 to just over�$60 at the end of trading today. That's not even half the story, however: Twitter's December is one for the record books. If dropping almost 20 percent�in a few days of trading is dramatic, so too is Twitter's epic run from December's opening price of�$40.76 to its high in the month of�$74.31, a rise of more than 82 percent�in just 18 trading sessions. The massive rise in Twitter's value far outstrips the ensuing minor correction.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/yvtiobzBqYg/

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