Twitter's No Fail Whale: Tuesday's Chart of the Day

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Twitter's No Fail Whale: Tuesday's Chart of the Day

by TheStreet 1:07 mins

Twitter's No Fail Whale: Tuesday's Chart of the Day

by TheStreet 1:07 mins

Maybe Twitter isn't a fail whale after all: shares appear to have bottomed out after a sluggish start to 2014, and, perhaps more importantly, after the micromessaging company's biggest competitor (Facebook) upped its game on mobile, reeling in more ad dollars. However, one of its early stage investors, Benchmark Capital, just distributed some of its stock to LPs, which may hit the market and again impact shares. But, with Twitter's IPO lockup already behind it, and several investors committed for the long haul, today's Chart of the Day could change direction before the end of the year.

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