Twitter Enters Bear Market

Tyler Durden's picture

To the algo that bought TWTR at $71.92 2 hours ago, and 34% higher - 01000110 01010101 01000011 01001011 01011001 01001111 01010101 00100001

 

 

For the 4th time in its brief existence, the social media must-have stock has entered a bear market (greater than 20% correction from a high).

 

However, the plunge from the after-hours peak (at $71.92) this time is the largest peak-to-trough drop (to $53.82 for now) since the IPO at 25%...

 

Charts: Bloomberg