Twitter was established in 2006 and is headquartered in San Francisco, California. Twitter trades its shares on the NYSE under the stock symbol TWTR. Twitter specialises in operating as a platform allowing public self-expression real-time conversation in the US and internationally. Twitter offers a wide range of products and services, and a platform that allows users to consume, create, distribute and discover various content. Twitter also makes provision for promoted products and services, including promoted tweets, accounts and trends. These enable advertisers to promote their various products, brands and services. Twitter also provides a variety of tools and public application programming interfaces. These can be used by developers to contribute to specific content on the Twitter platform, the syndication and distribution of Twitter content across their properties and the enhancement of developer websites and application with Twitter content.
According to Twitter’s trailing 12 month (TTM) data, revenues accumulated amount to $3 332 133, with a gross profit of $2 154 992 and an operating income of -$84 344. Twitter’s EBIT amounts to $36 917 and its EBITDA to $517 862.
Share performance YTD
When viewed holistically, the current price on TWTR stocks are higher than they have been in the past year; $44,68 versus $30,03 on November 22, 2019. TWTR stocks have shown substantially positive performance, especially in the second half of the year. Over the past year, TWTR underwent only a few sharp decreases, but showed steady and stable increases afterwards. From June 26, with a price of $29,05, these stocks steadily increased to peak on October 29 at $48,53. TWTR stocks currently have a positive short- and long-term performance outlook, even though chart events indicate a bearish pattern (moving average convergence divergence).