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Trading Site, StockTwits, Continues To Draw Attention

DATE POSTED:February 19, 2010
Image representing StockTwits as depicted in C...
Image via CrunchBase

After breaking away from Twitter awhile back, the investing site StockTwits is rolling out a number of new features that it hopes will draw in more traders. The site, still in beta and billed as a real time platform for stock traders to share information, has a desktop AIR application that includes video, news and charts.

Following the acquisition of Chart.ly last year, StockTwits acquired the small but influential financial news site Abnormal Returns in January of 2010. AR features curated news as well as original content about the financial markets and stocks. StockTwits is reportedly taking that platform and adding its real time news and information feed from the StockTwits network.

The company has raised $4.6 million over three rounds of funding and was originally built on top of the Twitter platform. In late 2009 they launched a desktop version of the product and moved to their own messaging platform. In addition to contributing trading strategies via blog posts and video, some of the things StockTwits users will be able to do on the new site are watching suggested user streams, perusing charts shared by other users, checking out specific filtered ticker pages and watching the 24-hour StockTwits TV stream.

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