Twitter, Inc. (TWTR): Price and Financial Metrics
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TWTR Price/Volume Stats
|Current price||$53.70||52-week high||$55.64|
|Prev. close||$53.35||52-week low||$31.30|
|Day high||$54.00||Avg. volume||28,842,891|
|50-day MA||$44.91||Dividend yield||N/A|
|200-day MA||$41.06||Market Cap||41.09B|
Twitter, Inc. (TWTR) Company Bio
Twitter offers various products and services for users, including Twitter that allows users to create, distribute, and discover content; and Vine and video, a mobile application that enables users to create and distribute short looping videos. The company was founded in 2006 and is based in San Francisco, California.
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Latest TWTR News From Around the Web
Below are the latest news stories about TWITTER INC that investors may wish to consider to help them evaluate TWTR as an investment opportunity.
In a bid to drive down costs, Elon Musk plans to eliminate 50% of Twitter (TWTR) workforce today, according to people with knowledge of the matter.
Twitter’s new owner along with the team of advisers has been weighing a range of scenarios for job cuts and other policy changes, adding that the terms of the headcount reduction could still change and asking employees to report to offices instead of work-from-anywhere policy, even though some exceptions could be made. In one scenario being considered, laid-off workers will be offered 60 days’ worth of severance pay, two of the people said.
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Mr. Musk is in the process of overhauling the entirety of Twitter. What will be left?
Twitter Inc will charge $8 a month for its Blue service, which includes its sought-after "verified" badge, new boss Elon Musk said on Tuesday as he seeks to boost subscriptions and make the social media network less reliant on ads. A blue check mark next to a person's user name on the social media platform means Twitter has confirmed that the account belongs to the person or company claiming it.
The chief executive of Binance, the world's largest crypto exchange, said he was "extremely supportive" of freedom of speech and that was the main reason why his company decided to invest $500 million into Elon Musk's buyout of Twitter Inc. Binance's Changpeng Zhao, known as CZ, who is an active Twitter user with over 7 million followers, said there were "very strong reasons" why he invested in the platform. "Number one is that we want to be extremely supportive of free speech," Zhao said at the opening event of Europe's largest tech conference, the Web Summit, in Lisbon, adding that Twitter is "where people express their opinions".
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