CORONADO, Calif., Oct. 23, 2018 /PRNewswire/ -- StockTwits, the largest social network for investors and traders, will announce the launch of its Premium Rooms product at Stocktoberfest West, the company's premier event held in Coronado, California.
Premium Rooms, a new feature of Rooms, offers users unprecedented access to exclusive content, concepts, and analysis from top investors on a subscription basis. StockTwits CEO Ian Rosen is set to demonstrate Premium Rooms during the event's keynote, highlighting how the paid addition to Rooms gives the most influential StockTwits users a way to monetize their insights and access to exclusive content without leaving the StockTwits platform.
"Rooms received a huge, enthusiastic response from hundreds of thousands of StockTwits users," said Ian Rosen, StockTwits' CEO. "Premium Rooms takes the concept further by enabling community influencers and professional traders to monetize their analyses so other users can make informed trading decisions. It only makes sense to feature such an important addition to StockTwits at our biggest event of the year."
The unveiling of Premium Rooms at Stocktoberfest follows August's launch of StockTwits' Rooms product, which enables users to create new chat communities based on shared interests, specific stocks, or market trends. Hundreds of entrepreneurs, investors, journalists, and finance experts attending this year's event will be on hand to witness the company's latest offering, with thousands watching on the Stocktoberfest live stream.
Rooms and Premium Rooms are a way for StockTwits to keep control of the platform's growth in the hands of its users. Over 2 million investors use StockTwits to leverage the wisdom of like-minded traders, and the network grows by more than 50 percent year-over-year.
Rooms enables users to create, name, customize, and set rules for new chat groups devoted to the topics they choose. Premium Rooms, a paid Rooms feature, lets influential community members monetize their content for paid subscribers. Premium Room owners can send enhanced content alerts to notify users of new content, automate longer-form posts in their Premium Room, and hold video chats for an audience looking to get a competitive edge on their investments.
"StockTwits and Stocktoberfest are great places for people to connect with one another and learn from more seasoned investors and traders," said Justin Paterno, StockTwits' COO. "Until now, people offering premium services had to move conversations off network to ad hoc tools and services not built for investors, which created a fragmented market and experience. With the launch of Premium Rooms at our biggest event, we make this process easier and more unified for those seeking premium investing content and those who wish to provide it."
As Premium Rooms launches, the thousands of Rooms created after the original announcement of the Rooms product will officially open for use. StockTwits will also feature Stocktoberfest West's Premium Rooms launch keynote on the company's social channels, among other Stocktoberfest West highlights.
To explore Rooms and Premium Rooms on StockTwits, please visit stocktwits.com/rooms/.
About StockTwits
StockTwits, founded in 2008, is the largest social network for investors and traders, the host of Stocktoberfest, the StockTwits Future Forum Series and other events, and the publisher of Moneybadger.com. The StockTwits community consists of investors, traders, financial journalists and entrepreneurs seeking to reimagine financial services and investing for the next generation.
Media Contact:
Jake Katz
jkatz@sspr.com
SOURCE StockTwits
