Twitter (TWTR) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $31.36 million worth of transactions were on upticks, whereas, the downticks accounted for $28.31 million worth of transactions. The net money flow was a positive $3.05 million and the uptick to downtick ratio was 1.11. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 1.48 in their favor. The net money flow into the stock was $4.35 million. The value of block trades done on downticks was only $9.05 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $13.4 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Twitter (TWTR) was trading at $18.06, down $0.02 during day. The stock slid -0.12% over the previous days close. For the week, the stock recorded -0.12% over the previous weeks close.
Twitter, Inc. is up 7.74% in the last 3-month period. Year-to-Date the stock performance stands at -19.4%. Shares of Twitter, Inc. rose by 5.31% in the last five trading days and 17.52% for the last 4 weeks. In a related news,The officer (Chief Accounting Officer) of Twitter, Inc., Kaiden Robert sold 20,231 shares at $15.32 on June 6, 2016. The Insider selling transaction had a total value worth of $309,939. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Twitter (NYSE:TWTR): stock turned positive on Monday. Though the stock opened at $18.29, the bulls momentum made the stock top out at $18.75 level for the day. The stock recorded a low of $18.05 and closed the trading day at $18.65, in the green by 3.15%. The total traded volume for the day was 29,731,219. The stock had closed at $18.08 in the previous days trading.
Twitter, Inc. (Twitter) is a global platform for public self-expression and conversation in real time. The Company offers products and services for users, advertisers, developers and platform and data partners. Products and services for users enables a way for people to create, distribute and discover content, which enables a user on Twitter to create a tweet and a user to follow other users. Products and services for advertisers consist of promoted products, which enable its advertisers to promote their brands, products and services, and extend the conversation around their advertising message. Products for platform partners and developers provide a set of tools, public application program interface (APIs) and embeddable widgets that developers use to contribute their content to its platform, syndicate and distribute its content across their properties. Products for data partners offer subscription access to its public data feed.