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I was eyeing up the chart for evidence of this, because my knee-jerk reaction was similar to yours. I'm still not sure how to judge this. The stock is essentia
by pedalpete 10y ago
I was eyeing up the chart for evidence of this, because my knee-jerk reaction was similar to yours.
I'm still not sure how to judge this. The stock is essentially at the same place it was last year. There was some growth through Sept, Oct (hmmm...election??) but then it came back down to the mid-teens.
At this point, the stock is trading higher than expectations, which I think could be a good thing.
I didn't know about the earnings call when somebody mentioned Twitters disastrous stock price yesterday, I took some of that to be due to Snap filing, and investors looking at the market realising that much of Twitter's revenue will be moving over to Snap. That has probably already happened, but putting an IPO out likely raises a few eyeballs.