Twitter’s Stock Hammered Again, Becoming Takeover Target

Twitter’s Stock Hammered Again, Becoming Takeover Target
Emel Akan
Emel Akan
Reporter
|Updated:

Like Yahoo and LinkedIn, Twitter could be the next internet company forced into a desperation sale if it cannot find ways to attract users and advertisers to its platform.

Twitter Inc.’s (TWTR:NYSE) stock took another hit after the company announced second-quarter results, showing disappointing user and advertiser growth and a weak outlook. The stock lost more than 60 percent since its initial public offering in 2013, making it more attractive for potential buyers.

Results announced on July 26 provided another sobering snapshot of Twitter stuck on a treadmill, as other platforms like Facebook and Snapchat are racing ahead in the battle for user growth and loyalty.

Twitter's revenue growth has decelerated from approx. 100 percent to 20 percent in the last 11 quarters. (YCharts)
Twitter's revenue growth has decelerated from approx. 100 percent to 20 percent in the last 11 quarters. YCharts
Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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