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An activist investor came in (Elliot Management Corp) and pointed out that they had failed to innovate for 5 years and that their CEO had literally decided to g

An activist investor came in (Elliot Management Corp) and pointed out that they had failed to innovate for 5 years and that their CEO had literally decided to go part time and move to Africa. Twitter's share price has been absolute trash for a long time and something needs to change. It has given them a massive kick up the arse and they're trying to demonstrate some new features and value. It looks a lot like senior management at twitter was asleep at the wheel. Frankly though, I don't think that any of twitter's feature-a-like products are going to work, they don't have the scale of facebook.

typon 6y ago
Twitter stock price was $20 on Jan 1st, 2016. It is $70 on Jan 1st, 2021. That's a 350% increase.
- atat7024 6y ago
  But that's not 1000%.
- 0xy 6y ago
  On Jan 1st, 2020, before their stock price was boosted due to external factors, the price was $32.31. In that period, Twitter trails VGT (Vanguard tech index fund) returns by over 100%. Twitter has a long history of incompetent product decisions and lethargic tech improvements. Vine and Periscope were both lazy, half-hearted and fumbled disasters. They could've been amazing.
MarkMc 6y ago
They need the scale of Facebook to work?