The stocks of big tech companies, including Twitter Inc. (NYSE: TWTR), traded lower amid a surge in bond yields that weighs on growth stock valuations.
The 10-year government bond yield hit a daily high of 1.567% on Tuesday morning before falling to around 1.544%. The 10-year bond surge this week came after the US Federal Reserve spoke last week about ending its ongoing bond-buying program.
Should Investors Sell Right Now? Or is it worth joining Twitter?
Twitter is an open distribution platform for short text, image and video content and a platform for conversations. Many celebrities and public figures have Twitter accounts. Twitter generates revenue from advertising (90%) and the licensing of user data it collects (10%).
Twitter trades 4.5% lower at $ 62.44. Twitter has a 52-week high of $ 80.75 and a 52-week low of $ 38.98.
Buy, hold or sell – your Twitter analytics from 28.09. provides the answer:
How will Twitter develop now? Is your money safe in this stock? The answers to these questions and why you need to act now can be found in the latest analysis on Twitter shares.
