Question: On November 7, 2013, Twitter released its initial public offering (IPO) priced at $26 per share. When the day ended, it was priced at

On November 7, 2013, Twitter released its initial public offering (IPO) priced at $26 per share. When the day ended, it was p

On November 7, 2013, Twitter released its initial public offering (IPO) priced at $26 per share. When the day ended, it was priced at $44.90, reportedly making about 1600 people into millionaires in a single day. At the time it was considered a successful IPO. Four years later, Twitter is trading at around $18 per share. Why do you think that occurred? Is Twitter profitable? How can you find out? If it is not profitable, why do investors continue to support it? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).

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