Twitter Inc. (NYSE: TWTR) can unlock its full potential if it opens up its algorithmic feed to third-party developers, to allow users to opt for a mix of specially made features, Cathie Wood-led Ark Investment Management analysts said on Monday.
What Happened
Twitter’s full potential is waiting at the gate, analysts Sam Korus and Frank Downing wrote in a note.“We believe if third parties were to build applications on Twitter Service, competition would help solve some of Twitter’s complicated and seemingly intractable content moderation problems,” the analysts said.