Twitter Suffers Sell-Off as Lock-Up Expires

by
,

When a company goes public, early investors and company insiders are usually forbidden to sell their shares for a predetermined amount of time. When this so called lock-up period, usually 90 to 180 days long, expires and trading restrictions are removed, stocks typically fall as early investors are keen to cash in on their investments.

The latest company to suffer such a sell-off is Twitter. On Tuesday, the company's lock-up period expired and despite prior claims of major shareholders not to sell, the company's stock price dropped like a rock during Tuesday's trading. At the end of the day, the stock had slipped almost 18% to close at an all-time low of $31.85.

No rule comes without exceptions though: In November 2012, when millions of Facebook shares became eligible for trading, many had expected the stock to take a nose dive after its rocky start to public trading. In the end the opposite happened: Facebook's shares climbed 12.6%, marking the starting point of a rally that saw Facebook double its value within the next 12 months.



Infographic: Twitter Suffers Sell-Off as Lock-Up Expires | Statista
 Report
Related Infographics
  • United States
    Trump's Florida Trips Don't Come Cheap For Taxpayers

    This chart shows the estimated cost of Trump and Obama's travel expenses.

  • Online Advertising Formats
    Social Media & Content Are Top Priorities for Marketers in 2017

    This chart shows how marketing professionals plan to adjust their digital marketing budget in 2017.

  • Canada
    To Where the Maple Syrup Flows

    This chart shows export destinations of Canadian maple products (sugar & syrup) worldwide 2015

  • Mergers and Acquisitions
    Exit Strategy: Most Startups Are Hoping For An Acquisition

    This chart shows the long-term goal of global tech and healthcare startups as of November 2016.

  • Facebook
    Facebook Leads the Tech Pack in Terms of Revenue Growth

    This chart compares revenue growth of selected tech companies in Q4 2016.

You may also be interested in...
Infographic Newsletter

Statista offers daily infographics about trending topics covering Media and Society.

Download & Reference
More statistics about...
Show more
You may also be interested in...
FAQ
Who may use the "Chart of the Day"?
The Statista "Chart of the Day", made available under the Creative Commons License CC BY-ND 3.0, may be used and displayed without charge by all commercial and non-commercial websites. Use is, however, only permitted with proper attribution to Statista. When publishing one of these graphics, please include a backlink to the respective infographic URL.

Which topics are covered by the "Chart of the Day"?
The Statista "Chart of the Day" currently focuses on two sectors: "Media and Technology", updated daily and featuring the latest statistics from the media, internet, telecommunications and consumer electronics industries; and "Economy and Society", which current data from the United States and around the world relating to economic and political issues as well as sports and entertainment.

Can Statista create customized charts?
Absolutely! For information on tailor-made and sector-specific Charts of the Day, please contact Robin Hüdepohl
(robin.huedepohl@statista.com).