Twitter (#TWTR) Stock Price, Live Chart & Analysis | Trade #TWTR

Twitter is a microblogging and social networking service. The company was registered in 2007 and is headquartered in San Francisco, USA. The main income of the company is advertising and subscription services. Twitter also has a Periscope mobile app that allows you to stream and watch videos online. Twitter shares are traded on the New York Stock Exchange under the ticker symbol #TWTR and are included in the S&P500 index.

Twitter shares largely depend on the popularity of the social network. The larger its audience, the higher the demand for advertising. As a result, the company's profit will grow, and so will the TWTR rate.

It is important to monitor the release of network updates. There is a lot of competition in the social media industry, Meta, Alphabet, Microsoft, and others have their own products. To maintain and attract subscribers, developers introduce new technologies and services. The release of innovations is considered an indicator of Twitter's sustainable progress. As a rule, update announcements positively affect the stock price.

To make an accurate price forecast, one should also follow the company’s news. Different scandals damage Twitter’s reputation and negatively affect its stock price. For instance, hackers hacked and gained control over the accounts of Elon Musk, Bill Gates, Warren Buffett, and others in 2020. The FBI took over the investigation, and Twitter management had to delay the release of major updates. As a result, the TWTR shares fell more than 3%.

The individual stock price also depends on the global economic state. In crisis times, investors usually sell stocks and buy safe-haven assets. For Twitter, the crisis is accompanied by lower profits, as the demand for advertising is falling. As a result, the TWTR rate is down.