{"id":13426,"date":"2013-12-31T04:04:18","date_gmt":"2013-12-31T03:04:18","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=13426"},"modified":"2013-12-31T04:05:36","modified_gmt":"2013-12-31T03:05:36","slug":"twitters-value","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/twitters-value\/","title":{"rendered":"Twitter’s Value"},"content":{"rendered":"
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Shares of the microblogging site Twitter tumbled $9.56, or 13%, to $63.75, taking a dent out of the big gains that accumulated since the San Francisco company’s initial public offering in early November. The drop wiped away about $5.2 billion in Twitter’s market capitalization, or a little less than twice that of J.C.Penney Co. Twitter shares still are up 145% since last month’s initial public offering.\u00a0<\/span><\/h1>\n<\/div>\n<\/div>\n<\/header>\n<\/section>\n
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An analyst downgrade and worries about the stock’s valuation ignited Friday’s drop, burning many of the investors who had piled into the stock in recent days.<\/p>\n

“The people who rode it up over the past few days all of a sudden got pretty nervous,” said Robert Pavlik, chief market strategist at Banyan Partners, an investment adviser in New York with $4.5 billion in assets under management. “People are always looking for a quick way to make a buck. Twitter was the bet, until it wasn’t and it ran out of steam.” \u00a0\u00a0Twitter’s Decline<\/a><\/strong><\/p>\n

\"Twitter\"<\/a><\/p>\n

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Shares of the microblogging site Twitter tumbled $9.56, or 13%, to $63.75, taking a dent out of the big gains that accumulated since the San Francisco company’s initial public offering in early November. The drop wiped away about $5.2 billion … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[23,13],"tags":[],"class_list":["post-13426","post","type-post","status-publish","format-standard","hentry","category-entrepreneurs","category-finance"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/13426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/comments?post=13426"}],"version-history":[{"count":4,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/13426\/revisions"}],"predecessor-version":[{"id":13432,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/13426\/revisions\/13432"}],"wp:attachment":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/media?parent=13426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/categories?post=13426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/tags?post=13426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}