Social Media Stocks Are Getting Slammed

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mark zuckerberg

Reuters

Twitter went public today.

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Headed into the close, shares are trading above $45, up nearly 75% from the opening price of $26, indicative of strong demand for the stock.

Other social media stocks, however, are getting slammed:

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  • LinkedIn is down 4.3%
  • Facebook is down 3.4%
  • Groupon is down 4.8%

Groupon reports earnings after the closing bell. Follow the release LIVE on Business Insider »