- Usio, Inc. (USIO) Stock Rising +19.13% After Signing A Non-binding LOI To Purchase IMS
- Chevron Corp (CVX) Reports Profit of $201 million in third quarter 2020
- IBM Enters Esports Arena with Activision Blizzard in New Multi-Year Deal as the Presenting Partner of the Overwatch League Grand Finals
- U.S. General Services Administration (GSA) Deploys BIO-key’s PortalGuard Identity and Access Management (IAM) Solution for Two-factor Authentication Compliance
- J Jill Declares Transaction Support Agreement (TSA) to consolidate its Balance Sheet and Position the Company for Long-Term Growth
On Thursday, Twitter, Inc. (NYSE:TWTR) reported the rise of +0.13%, to close at $30.04, with the overall traded volume of 10.89 million shares. The firm’s minimum price was $29.92, while it touched its highest price of $30.36. TWTR has the total of 782.89 million outstanding shares. Its market capitalization was $23.52 billion.
Twitter, Inc. (TWTR) on December 5, 2019 reported the pricing of $700 million aggregate principal amount of its 3.875% senior notes due 2027. The offering of the Notes was upsized from a firstly declared aggregate principal amount of $600 million.
The sale of the Notes is anticipated to close on December 9, 2019, subject to the satisfaction of customary closing conditions. Interest on the Notes will be payable in real money semi-yearly financially past due, starting on June 15, 2020. The Notes will mature on December 15, 2027, unless earlier repurchased or redeemed. Holders of the Notes may require Twitter to repurchase the Notes upon the occurrence of certain change of control events at a purchase price equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any.
Twitter may redeem the Notes, in whole or in part, at a price equal to 100% of the principal amount thereof plus a “make-whole” premium and accrued and unpaid interest, if any. On and after September 15, 2027, Twitter may recover the Notes at 100% of the chief sum in addition to collected and unpaid intrigue, assuming any.
Twitter plans to utilize the net continues from this contribution for general corporate purposes, which may incorporate capital consumptions, speculations, reimbursement of obligation, working capital and potential acquisitions and vital exchanges. From time to time Twitter evaluates potential strategic transactions and acquisitions of businesses, technologies or products. As of now, be that as it may, Twitter doesn’t have any concurrences as for any such material vital exchanges or acquisitions.
Furthermore, the stock is trading 14.39% below its 52 week high and -34.49% above its 52 week low. The stock has weekly volatility of 1.82% and monthly volatility of 2.01% with ATR of 0.64 and beta of 0.59. Twitter, Inc. works as a stage for open self-articulation and discussion progressively. The organization offers different items and administrations, including Twitter, a stage that permits clients to devour, make, appropriate, and find substance; and Periscope, a portable application that empowers client to communicate and watch video live with others.