How Public Companies are using Twitter for Investor Relations

In August 2009, Q4 Web Systems issued a research report which analyzed 80 public companies and their use of Twitter during the second quarter 2009 earnings season. Recent research shows that the number of public companies who have a Twitter account has grown by 270 or 338%. Of the 270 new companies, the number using Twitter for investor relations increased by 77 or 175%. Although still small in terms of the potential universe, the research indicates that social networks are an effective medium to reach out and interact with stakeholders. (Read the research report on Public Companies and their use of Twitter for Investor Relations at the online Q4 blog.)