Twitter caps 9 years of largely unfulfilled promise on NYSE with buyout

Elon Musk’s buyout marks the end of nine years of public trading in Twitter Inc., which debuted with a bang but failed to match the rocket ride achieved by some other tech heavyweights.

While the stock made a splash with its trading debut on the New York Stock Exchange in November 2013, surging 73% on its first day, the company has since failed to impress investors as it struggled to consistently grow its user base and ramp engagement. 

Twitter’s shares doubled during its tenure as a listed company, equal to an 8.4% growth a year. That’s lower than the S&P 500 Index’s