Wondering whether to take a chance and invest in a company that's about to go public?
You might want to tune in to Twitter, researchers at the Johns Hopkins University say.
The chatter on Twitter and other social media channels is already being mined to check the pulse of movie premieres, new product launches and even the broader stock market. At Hopkins, a finance professor and graduate student have zeroed in on Twitter's impact on a more focused equity arena — initial public offerings, or the first time a company sells stock and it begins trading on a public exchange.
"Twitter matters for financial data," and can be used to predict IPO performance,...