Why Twitter (TWTR) Stock Is Lower Today

NEW YORK (TheStreet) -- Shares of Twitter Inc. (TWTR) are down -4.56% to $32.45 on Friday after Market Watch reported the social media website would end the month of May in the red.

This will be the fourth month in a row Twitter hit a double digit decline.

The report says Twitter's stock is poised to end the month down -17%, which would be the company's biggest monthly drop since going public in November.

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The stock has fallen almost 50% year-to-date, Market Watch said, and is only $6 above its $26 IPO price.

TWTR Chart

TWTR data by YCharts

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