Twitter shares tumble back to IPO price

Downward spiral: Twitter shares have plummeted to its lowest price, below even its IPO price.

NEW YORK: Twitter shares sank to an all-time low Aug 20 before closing at their initial public offering price from 2013, as growth concerns intensified over the one-to-many messaging platform. 

The shares sank as low as US$25.92 (RM108.83), falling for the first time below the US$26 (RM109.16) level of Twitter’s November 2013 IPO.