In the years following the social network’s inception, Twitter’s stock price has fluctuated between $6.90 and $10.20 per share.
At one point in time, Twitter was worth more than $10 billion.
The company’s stock was trading around $8.60 a share, which was well below its IPO price of $13.50 a share in 2013.
As Twitter continued to grow, the stock price began to drop.
In January 2016, the company filed for bankruptcy.
It was the last time Twitter had filed for Chapter 11 bankruptcy.
In 2018, Twitter announced it was going to acquire the social media giant Snapchat.
Twitter also announced that it was selling its advertising business, Snap Inc. The social media company’s IPO price was $30.35 per share, or $1.85 per share in cash, and the shares closed trading at $11.50 per share on February 15, 2018.
