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Twitter Inc. Stock

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/ Tradegate WKN: A1W6XZ / Symbol: TWTR / Name: Twitter / Stock / Software & IT Services / Large Cap / We currently do not receive price updates for this security

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Description Twitter

Twitter, Inc. (TWTR) is a publicly traded company listed on the New York Stock Exchange (NYSE). The company was founded in 2006 and is headquartered in San Francisco, California.

Twitter is known for its social media platform, which allows users to post and interact with short messages called "tweets." The platform has become a popular way for celebrities, politicians, and individuals to communicate their thoughts and ideas to a wide audience.

Twitter generates revenue through advertising, promoted tweets, and data licensing. The company has over 330 million active monthly users as of 2021.

In terms of financials, Twitter had a market capitalization of approximately $44 billion as of August 2021. Its stock price has fluctuated over the years since its IPO in 2013, with highs reaching over $70 per share in 2013 and lows dipping below $15 per share in 2016. As of August 2021, its stock price was around $70 per share. Twitter has reported revenue growth in recent years, with its 2020 revenue totaling $3.72 billion.
In 2022 the company was bought by Elon Musk.

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Competitors of Twitter

Twitter has several competitors in the social media space, including:

1. Facebook (Symbol: FB): With over 2.7 billion monthly active users, Facebook is the largest social media network in the world. Facebook offers a similar platform for sharing news, updates, and opinions as Twitter, but with additional features like groups, events, and private messaging.

2. Instagram (Symbol: n/a): Instagram is a photo-sharing app owned by Facebook that allows users to share images and short videos with their followers. Instagram has over 1 billion monthly active users and is a popular platform for influencers, brands, and celebrities.

3. Snapchat (Symbol: n/a): Snapchat is a multimedia messaging app that allows users to send disappearing photos and videos to friends. The app has over 280 million daily active users and is popular among younger demographics.

4. LinkedIn (Symbol: LNKD): LinkedIn is a professional networking site that connects people with job opportunities, industry news, and other business-related content. Although it has a different focus than Twitter, LinkedIn also allows users to share updates and connect with others in their industry.

5. TikTok (Symbol: n/a): TikTok is a short-form video app that allows users to create and share 15-second videos set to music. The app has exploded in popularity in recent years and has over 1 billion active users, primarily from younger generations.

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