Twitter: Is The Fix In For Earnings?
Twitter’s first earnings report as a public company, due on Wednesday, February 5 after the close, is gonna be big. Twitter is the biggest, brightest shining star in the red-hot social media sector, which, of course, itself sits in one heck of a tech bull market. On its first day of trading on November 7, 2013, Twitter opened at $45.10, before hitting an insane $74.73 in December. After enduring a few analyst downgrades that knocked out some of the froth, it’s trading at about $60, still a good 131% above the $26 IPO price, and 33% above the opening tick.
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