Is Twitter’s Stock Move Overdone?
- Friday, January 15, 2021, 7:13
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Having grown by 47% since the end of 2019, Twitter’s stock seems to be overvalued at the current price. TWTR’s stock grew from $32 at the end of 2019 to $47 now, compared to the S&P 500 which gained 17% since end of 2019. The company has seen a high revenue growth over recent years, and its P/S…