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

Twitter's shares doubled during its tenure as a listed company, equal to an 8.4% growth a year

Elon Musk. Photo: Bloomberg
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Elon Musk. Photo: Bloomberg

Subrat Patnaik & Ryan Vlastelica | Bloomberg
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

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First Published: Oct 28 2022 | 7:52 PM IST

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