Las Vegas, NV -- (SBWIRE) -- 12/03/2013 -- Twitter Inc (NYSE:TWTR) is trading at $40.47 with 1.90% fall in price. The share volume of 544.70 million brings a massive capitalization of 22.21 billion. Two of the big five underwriting companies working on social media stated that company’s IPO is categorized as ‘hold’.
Twitter is working well in the stock market and Apple acquired a firm to track and analyze Twitter’s activities. Topsy Labs will offer analysis that will be used by Apple to enhance its advertising services. The company understands that Apple has recently acquired some firms in social-media.
Twitter, Inc.(Twitter) the social media site where the people can enter real time conversation. The platform is not exactly like chatting but offers and opportunity for users to create 140 character long tweets to express themselves, news or views. Twitter offers video and image sharing facility too and people can follow or unfollow each other. Twitter apps are available on phones, tablets and PCs. The company generates revenue from Promoted Tweets, Promoted Accounts and Promoted Trends. There are above 230 million monthly active users and 100 million daily active users on Twitter.
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