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Some of Tuesday's midday movers:
May 6- Shares of Twitter Inc fell more than 12 percent in morning trading on Tuesday after the expiration of a six-month "lock-up" period for early investors that had restricted the sale of about 82 percent of the company's equity.
Twitter is hitting an all-time low as its lock-up expires. Mark Mahaney, RBC Capital Markets, says Twitter needs to improve monetization, as well as engagement and user growth.
Youssef Squali, Cantor Fitzgerald global head of Internet & media research, discusses Twitter's lock-up expiration and explains why he needs to see it pull back even more to get positive on the stock.
Office Depot to close 400 U.S. stores; shares rally. NEW YORK, May 6- Wall Street edged lower on Tuesday, led by losses in financial stocks, while the technology sector was weighed by a selloff in shares of Twitter.
Alibaba's IPO will be a big test for a battered IPO market that has turned ugly for investors.
May 6- Shares of Twitter Inc fell more than 10 percent in early trading on Tuesday after the expiration of a six-month "lock-up" period for early investors that had restricted the sale of about 82 percent of the company's equity. Twitter's IPO was priced at $26 per share.
May 6- Shares of Twitter Inc were set to open 7 percent lower on Tuesday after the expiration of a six-month "lock-up" period that had restricted the sale of roughly 82 percent of the company's outstanding equity.
Now that Twitter's lockup has expired, the "Squawk on the Street" news team discuss how Twitter's stock could be under pressure from insider selling.
SAN FRANCISCO, May 6- In the shadow of Internet monoliths such as Facebook, Google and Twitter, it's easy to forget that Silicon Valley got its start from hard-scrabble tinkerers building radios, microchips and other devices. Google in January acquired four-year-old smart thermostat maker Nest Labs for $3.2 billion.
Josef Schuster, founder at IPOX Schuster, comments on the Twitter stock as the lock-up period expires and says the market is relieved that founders have no plans to sell.
Restrictions that prevent Twitter insiders from selling lift tomorrow. CNBC's Morgan Brennan discusses how analysts expect the stock to perform when the lockup expires.
May 5- Web developer Automattic, the company that operates blogging service WordPress.com, said it raised $160 million from a group of investors led by venture capital firm Insight Ventures. The investors included Insight Ventures' Deven Parekh, Twitter investor Chris Sacca and Endurance, Automattic Chief Executive Matt Mullenweg said in a blog post.
For the stock to go up, Twitter will need to, to quote Cuba Gooding, Jr., "Show. Me. The Money!," says Michael Yoshikami.
Some of Monday's midday movers:
Jon Steinberg, BuzzFeed president & COO, discusses the new deal between Amazon and Twitter that allows users to add products to their shopping cart by tweeting. CNBC's Jon Fortt provides insight.
Carter Worth of Sterne Agee explains why you might want to hop on board ahead of earnings.
PayPal said Saturday that Rakesh Agrawal has left following a series of late-night tweets that among other things, insulted other PayPal executives.
Happy Monday and welcome to the Cinco de Mayo version of the Morning Six-Pack.
While most of them rightfully boast accomplishments and gains, some CEOs took the opportunity this year to shine a light on the not-so-great events of the past year.