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All Posts Tagged Tag: ‘Stock’

Twitter Stock Falls Below IPO Price

Twitter Stock Falls Below IPO Price

For the first time ever, Twitter shares have fallen below the original IPO price. In November of 2013, Twitter priced its IPO at $26 a share. The company raised $1.8 billion in the offering, selling 70 million shares. The stock opened up at $45.10, 73.5% higher than the set price. Today, it fell below $26. Last month, Twitter reported its …

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Was Yelp Misleading About Its Reviews?

Yelp is no stranger to legal battles, nor is it a stranger to complaints about how it handles reviews. Now, the company faces a new class action suit from shareholders, accusing it of selling over $81 million in stock, while misleading shareholders about the legitimacy of reviews. Do you believe Yelp would mislead investors about its reviews, or do you …

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AOL Sees 6th Consecutive Quarter Of Revenue Growth

AOL just released its Q2 earnings report with its sixth consecutive quarter of revenue and adjusted OIBDA growth. Total revenue grew 12% year-over-year. The company attributes this to accelerated global advertising revenue, which grew 20% year-over-year. The company saw 60% growth in third party platform revenue driven by growth in the sale of premium formats across its programmatic platform as …

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Tesla Stock Rockets Despite Hazardous Adapter Recall

The fourth quarter was a definite success for Tesla Motors Inc. The electric car maker indicated yesterday that its Model S sedan deliveries surpassed original predictions by 20 percent. As Tesla delivered about 6,900 sedans during the quarter, shares shot up by almost 16 percent. “We look forward to 2014 with anticipation,” said Jerome Guillen (vice president of global sales …

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