I personally didn’t expect Twitter’s share to jumps so high after its initial public offering. Facebook had its ipo in May 2012 and they expected their share to be around $30 yet it dropped to around $26 in the first week! Twitter saw no repeat of this:
It opened at $26 and went up 73% to $45. I feel that Twitter is still attracting new users hence generating greater revenues from advertising unlike Facebook even a year ago. Twitter and its investors also learned from Facebook’s IPO. It can be said that Twitter were more conservative by setting the initial stock price low unlike Facebook who set the bar quite high at that time.
Twitter possesses the potential to become as big a profile as Google or what Facebook is now. They have the users and the love that makes it an everyday medium for socializers. Although this may be true, they may not have a concrete business strategy with its, in my opinion, ‘messy’ user-interface. We can only wait and see what happens to the media site?