If You'd Invested $1,000 in Twitter in 2013, This Is How Much You Would Have Today
Twitter's (NYSE: TWTR) stock recently went on a roller-coaster ride after Elon Musk -- who previously took a 9.2% stake in the social media company -- offered to buy all of its remaining shares for $54.20 apiece in a $43 billion deal. It's unclear if Musk is actually serious about buying Twitter, but its stock had delivered unimpressive growth for years before his abrupt bid.
Twitter went public on Nov. 7, 2013, at $26 per share and opened with a 74% gain at $45.10. But as of this writing, it still only trades in the high $40s.
Investors who bought some IPO shares could have turned a $1,000 investment into about $1,800 today, but the same amount invested in an S&P 500 index fund during the same period would be worth roughly $2,500 now.
Source Fool.com
