Wednesday, February 05, 2014

What Does Twitter's Sizzling Stock Run Tell Us? Absolutely Nothing - Businessweek

Actual results may vary

"What can such a big jump tell us about how its first full year will play out?
Looking at data from 2005 to 2013 for 800 U.S. IPOs (I looked at offerings of more than $100 million, priced at $5 or more, for companies with at least a full year of data), we can see that the stock performance of a newly listed public company during its first three months tells you basically zero about what happens in the future."
What Does Twitter's Sizzling Stock Run Tell Us? Absolutely Nothing - Businessweek
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