Twitter Peaks After IPO Surge Amid Profitless Hype in Poll
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Twitter Inc., which surged in its initial public offering, will decline over the next six months, according to a Bloomberg poll of investors.
Shares of the microblogging company, which climbed 73 percent on its first day of trading this month to $44.90, are anticipated to be below that price in six months, 68 percent of respondents said in the Bloomberg Global Poll. The poll this month surveyed 750 investors, analysts and traders who are Bloomberg subscribers.