It seems like investors have lost all faith in Twitter. A stock that has plummeted so far in 2016. A bad start of the year for CEO Jack Dorsay. Both of his company’s (Square and Twitter) have plummeted.
This is exactly what I have talked about recently. Twitter need a change, and maybe Steve Ballmer is the man? He have a great stake in Twitter and I assume he is not buying into Twitter without knowing something? Or does he have a great idea?
(Picture: Twitter in a bubble)
Because Twitter have a great opportunity, but need to change the business model. I
m not gonna reveal any secrets about that right now, because my ideas is not for free. But look at the stock today (Wednesday). Its up 4,19%. What`s going on?
Global stocks tumbled on Wednesday, and Twitter plunged more than 7% today and hit a 52 week low at $15,48. This is the lowest ever! A stock that started the first trading day on the New York Stock Exchange in November 2013 at $26.
Twitter bounced on Wednesday because there is a lot of rumors out there. A takeover rumor.
I have earlier talked about a possible Facebook takeover because they are both great mini-bloggers, but other may be interested. What about Alphabet? Or Ingram? Robert Murdock has denied any takeover for his News Corp.
Investors are disappointed because User Growth and product development has failed. It will be an easy shortcut to join other social media companies, but if they have some ideas to make it on their own, I think they will have a long way back up again.
Mr. Jack Dorsey has a 3,2% stake in Twitter. A company with a market cap of 11,3 Billion, and an Earning per share of -0,86.
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