StockTwits Unveils StockTwits Desktop

by Ed Sutherland on September 1, 2009

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StockTwits Desktop2

In a sign of its growing popularity, StickTwits Tuesday launched StockTwits Desktop. The Adobe Air-based application employs the familiar TweetDeck appearance – which isn’t a coincidence since StockTwits co-founder Howard Lindzon is a TweetDeck investor.

Lindzon told TechCrunch he envisions his new desktop application as a “Social Bloomberg” or the “Facebook of Finance.” Bloomberg Terminals, a mainstay with Wall Street traders, costs $2,000 per month while Facebook is the largest social network with more than 250 million users.

StockTwits allows Twitter users to follow stock-related news by including companies’ ticker symbol ($AAPL, for Apple, for instance). The service has been included in TweetDeck since February 2009. The inclusion followed a $500 million investment by a group including Lindzon. StockTwits Desktop essentially creates a separate application for StockTwits users.

Among the features: creation of specific trading groups. Private messages can be exchanged between group members without being part of the general Twitter traffic. The desktop application also includes a Web browser, allowing people to click on StockTwits links and never exiting the Desktop.

Download StockTwits Desktop.

[Via Mediabistro and TechCrunch]

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