Twitter (NASDAQ TWTR) has long been the runners up in the race for social networking supremacy. And by some distance. Twitter has however had a strong last couple of months. After a very impressive Q1 result, which saw the company stock rise 99% year on year. That did take the market by surprise and the stock grow in the coming days. The stock got another rise because of market rumours which said that the micro blogging company may well be up for acquisition from Google.
Here in this article, we will take a closer look at the micro blogging site and why it may well be a good buy in the coming days. Moreover we will take a special look at the buy button feature of Twitter which gives it another source of revenue which cannot be overlooked.
Twitter (NASDAQ TWTR) has been testing the buy button since September now. The buy button would help twitter generate revenue from something other than advertisements. This buy button feature looks all set to be rolled out for all the audience in the coming weeks.
News on Twitter (NASDAQ TWTR)
Twitter (NASDAQ TWTR) is rumoured to bring the buy button feature for entertainment and sports events first. The tickets to various events would be made available for the users to get their hands on. If that goes well, we may well see the buy button feature getting used in other markets.
Many others like Facebook and Pinterest have been trying to do the same on their website. Twitter may well be leading the pack in this one. It might be some time however before Twitter provides this service for real time applications.
Twitter (NASDAQ TWTR) Business News
Twitter (NASDAQ TWTR) remains an interesting stock to say the least. The stock has been growing up despite contrary predictions. Whether the stock can continue to do the same, remains to be seen.
Thanks for visiting the TechNews.org website. Be sure to catch all Twitter Corporation (NASDAQ TWTR) financial news, bookmark us and check all the videos and news articles regarding the Twitter stock.