Twitter shares have been falling for weeks but on Thursday it sank lower than the IPO price of $26. It was a new record low after the company's public offering in November 2013.
The first day closing price after the IPO was as high as $44.90 scaling with vigor it reached up to $73.71 within a month in December same year. But the social networking site could not keep with its upbeat progress and is now at a crucial low.
Slowing user growth has plagued the company and just few weeks before it reported an extremely low second-quarter earnings.