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Twitter is now up 40%+ since banning Trump for the platform.

Posted on 2/12/21 at 4:47 pm
Posted by agregime1
Member since Mar 2015
1265 posts
Posted on 2/12/21 at 4:47 pm
Twitter has grown 40% since banning Trump and increased its market cap by $18b since January 8th 2021... interesting thought they were going to go broke.
quote:

Twitter stock closes at seven-year high, as analyst cheers newfound ‘swagger’

quote:

Analysts seemed generally relieved by the company’s user-growth commentary following its permanent ban of former President Donald Trump


quote:

But the Street isn’t worried, particularly since Dorsey is projecting 20% mDAU year-over-year growth in the first quarter.

Advertising revenue grew 31% on a year-over-year basis in Q4, reaching $1.5 billion. Total ad engagement also grew by 35% in the quarter.

Looking ahead, Twitter says it’s expecting revenue between $940 million and $1.04 billion in the first quarter. Revenue should grow faster than expenses, the company said, but Twitter is also increasing its employee county by more than 20% in 2021.


quote:

Shares of Twitter TWTR, +4.87% surged more than 13% since Wednesday, closing at a new seven-year high. The stock notched its eighth-straight daily gain, and is on its best eight-day stretch since the period that ended Feb. 16, 2018, according to Dow Jones Market Data. Read more about Twitter’s fourth-quarter results.


LINK

LINK
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 2/12/21 at 4:50 pm to
People that like Twitter hate black people.
Posted by SCLibertarian
Conway, South Carolina
Member since Aug 2013
36014 posts
Posted on 2/12/21 at 4:51 pm to
quote:

Twitter

quote:

platform

Posted by BorrisMart
La
Member since Jul 2020
8812 posts
Posted on 2/12/21 at 4:53 pm to
Thats what happens when you are shielded with governmental immunity and can inflate your numbers baw. Them thangs was down recently, wouldn't surprise me if institutional investors are wanting to drive it up for perceptional purposes. Who knows. Either way, Twitter is rich asshoe or Twitter is broke asshoe, either way asshoe nonetheless.
Posted by PrimetimeDaBoss
Swag City, USA
Member since Oct 2008
7144 posts
Posted on 2/12/21 at 4:55 pm to
Twitter stay winning unlike Donald Dump
Posted by stlslick
St.Louis,Mo
Member since Nov 2012
14054 posts
Posted on 2/12/21 at 4:57 pm to
quote:

interesting thought they were going to go broke.


Well, you are partially retarded, so i can see you thinking this.
Posted by Eighteen
Member since Dec 2006
33873 posts
Posted on 2/12/21 at 5:10 pm to
It won’t last. Twitter has no growth plan
Posted by drexyl
Mingovia
Member since Sep 2005
23059 posts
Posted on 2/12/21 at 5:19 pm to
Bots
Posted by dallastigers
Member since Dec 2003
5700 posts
Posted on 2/12/21 at 5:42 pm to
I guess those Game Stop highs were real as well…

Nothing like activist investors

What months did this quarter report cover? Have they actually had a full quarter since banning Trump?

Admittedly it’s competitor for the less inclined to take part in cancel culture was knocked out by Amazon, Apple, and Google even though more arrested used Facebook than Parler, but Jack is arrogant and egotistical (outside of when Cruz is handing him his arse) and will continue to piss of large segments of the country.


Also from your link
quote:

Leaving aside the Trump impact, others were less sold on the company’s prospects. “It’s worth calling out even in the strongest quarter we can recall in the digital ad market, Twitter’s U.S. [average revenue per user] only increased 7% YoY,” wrote Evercore ISI analyst Kevin Rippey. “Compare this to FB FB, +0.04% +27% on the same metric and SNAP SNAP, -0.42% +62%.”


From Jan 26th article mentioning Twitter had a horrific start to 2021 and
quote:

Twitter (NYSE:TWTR) is off to a bad start in 2021, but the worst may be over for TWTR stock. Thanks in large part to the social media company banning President Donald Trump in the final days of his presidency, Twitter stock is down about 8% so far in 2021.


quote:

Bloomberg reports that at the end of last week, Twitter stock was the worst-performing name in the S&P 500 in January. At its lowest point, it fell below $45.10, which it last traded at in 2013 when the company launched its initial public offering (IPO).


So it had hit bottom and started to increase more from start of sniffer’s presidency & Dems less likely to support reforming 230 for Twitter & Facebook or push to be neutral politics than the ban.

Edit:
Haven’t read their financials, but i saw somewhere that Twitter actually lost over a billion dollars in 2020.
This post was edited on 2/12/21 at 9:46 pm
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