Share Twitter reached rock bottom

Tech January 10, 2016 17:07

- It does not go well with Twitter. The value of a share of the social network's Friday was just under $ 20. This is the first time since the IPO of Twitter in 2013. According to industry insiders, investors are particularly concerned about the future prospects for the company.

         Last week it was announced that CEO Jack Dorsey is considering to abandon the 140 character limit and allowing 10. tweets of 000 characters. Investors (and users) responded in the least enthusiastic about it. From various corners came the sound that Twitter with such action would lose its unique feature and would turn into a kind of Facebook, Medium or Tumblr.
The proportion of Twitter is in the first exhibition week of the year with 13 per cent decrease in value. That's pretty hefty. Other tech stocks did, as the markets in general, not quite, but such a big loss if Twitter did others not handle. So lost 5 percent while Facebook LinkedIn 3 percent fairly graciously came off.
What Twitter for quite a while is a problem, is the low growth of new users. Existing Twitter users are quite often found in the social network but a real growth is no longer and that sits across investors.