Quick Answer: Why Is Twitter Stock Going Down?

Twitter (TWTR) stock is down sharply Thursday after the company posted weaker-than-expected third quarter revenue and profit growth, despite surprisingly strong user growth.

“We also discovered that certain personalization and data settings were not operating as expected,” Twitter said.

Why is twitter stock down today?

Twitter (NYSE:TWTR) stock leaped out of the gate Monday after it was reported over the weekend that activist investor Elliott Management has taken a stake in the company and will be moving to oust CEO Jack Dorsey from the company he co-founded. As of 1:10 p.m. EST today, Twitter stock is up 8.7%.

Is twitter stock a good buy right now?

Twitter (NYSE:TWTR) has been a stock that investors have loved to hate. The good news is that for investors, this could be a good opportunity to pick up the stock, which is now not far from its 52-week low.

Is twitter stock a buy or sell?

Style Scorecard

Zacks RankDefinitionAnnualized Return
1Strong Buy24.13%
2Buy17.51%
3Hold9.18%
4Sell4.92%

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What happened to twitter stock in October?

What happened. Shares of Twitter (NYSE:TWTR) fell 27.3% in October 2019, according to data from S&P Global Market Intelligence. The social media veteran posted disappointing third-quarter results late last month, triggering a share price drop of 20% in a single day.

What are the best stocks to buy right now?

Best stocks as of April 2020

SymbolCompany namePrice performance (52 weeks)
LRCXLam Research Corp34.07%
AAPLApple Inc33.87%
BIIBBiogen Inc33.84%
MSFTMicrosoft Corp33.72%

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Is it a good time to invest in stocks?

Now’s a good time to invest — provided you think things through beforehand. The reality is that this isn’t the first time the market has seen massive swings in the span of a few short weeks, and with stock values still being relatively low, now’s actually a good time to invest in it.

Is Twitter a buy today?

Twitter Inc (TWTR)

In conclusion, Twitter stock is not a buy right now in the coronavirus stock market rally amid significant weakness in stock price, but watch the stock to see if it continues to build its base.

What is the future of Twitter stock?

Elliott has got Twitter to commit to several growth targets that could help lift the stock. For example, Twitter promised to grow its audience base by 20% starting this year. The company finished 2019 with 152 million daily users. Therefore, the company aims to wrap up 2020 with about 182 million daily users.

Is Ford stock a good buy?

The case for buying Ford stock

But looking ahead, there are good reasons to be bullish about Ford and its business: Strong balance sheet. Ford’s debt load is modest and well-structured, and it has plenty of cash ($22.3 billion as of the end of 2019) to weather a recession without big cuts to future-product programs.

Is Twitter a dividend stock?

Since its IPO in late 2013, Twitter (TWTR) has pronouncedly underperformed the market. The underperformance of Twitter stock has been even greater when dividends are considered, as the S&P has been offering a nearly 2% dividend yield year after year whereas Twitter has never paid a dividend.

Is Snapchat a good stock to buy?

After the fourth-quarter earnings report Snap stock fell below its 10-week moving average. It also fell below its 50-day moving average, another negative signal. Currently, Snap stock is not a buy. If the stock can consolidate and rebound, its buy point would be 18.46, with a buy range up to 19.38.

Is Twitter making money?

In 2015, Twitter generated US$ 32.2 million of revenues from data licensing. The companies which generate revenue for Twitter do so either through subscriptions or views. These make money through freemium models or through advertising.