A recent poll by AP-CNBC showed that 49% of investors believe that Twitter will be a bad buy during IPO day.
The said poll also showed that even Americans who are not active investors are also skeptical of the Twitter IPO. The survey's respondents included 1,006 adults in the United States.
This news comes in the wake of Twitter's announcement to go public this week. Earlier, the social media company increased its share price range to USD23 to USD25 from the previous USD17 to USD20. It currently has 200 million monthly active users and makes most of its money from advertising. However, in the survey, only 4 out 10 Twitter users have noticed the ads
Twitter has already made the first steps for separating from Facebook by going public on the New York Stock Exchange. But it would seem that only 35 percent of the survey respondents believe in success of Twitter and other social networking sites including Instagram, Google+, LinkedIn, and Pinterest.
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