They have all kinds of weird tax stuff going on from 2018-2020. Just ignoring taxes, they had a loss in 2020 and 2021 (2021 was mainly due to a class action law

They have all kinds of weird tax stuff going on from 2018-2020. Just ignoring taxes, they had a loss in 2020 and 2021 (2021 was mainly due to a class action lawsuit they lost for $800 million). 2022 YTD income was just barely positive in Q2 with them showing a 970 million gain from selling a company. So not really failing, but had a very uncertain future. https://investor.twitterinc.com/financial-information/quarterly-results/default.aspx https://investor.twitterinc.com/financial-information/quarte...