Reality check for Twitter in the early days of a key year for other OPV
The behavior of Twitter in the U.S. flooring is being watched very closely. The first days of this year we are presenting a reality check for the company’s social network. This period has seen their valuation increase by 17%. They are really nervous and there’s still a month to submit its first financial results. In the last days of December it reached to heaven. After an initial corrective seriously in the ‘black friday’ the bad news came earlier this week. Morgan Stanley, one of the underwriters in the most anticipated IPO of 2013, recommended reducing participation in company branding value as underweight.
Because of this setback, the major underwriters add some other warnings of analysts who continue to warn about the vervaluation of a firm that has not yet presented results which will as announced yesterday, February 5. The reality check is clear. Grow in number voices will try to click the bubble. Especially when all this euphoria has raised no apparent signs of financial health. Indeed, there are already predictions that speak of losses in the last quarter of 2 cents per share and a turnover of 217 million dollars.
Until that happens, there is at least for now, contagion effects in the other major social networking companies. In fact, Facebook has grown over 6% since the beginning of the year while maintaining positions same as Linkedin at around $ 210 as well as others such as Groupon or Zynga. This behavior predicts a very long month of January for Twitter while its financial results are known. It also especially sets the pace for the new year that in theory is key to the many OPV that are at the gates .