Twitter has been in the news recently, but for all the wrong reasons.Fake news and political mayhem resulted in President Trump being banned from the platform.Jack Dorsey, the man who conceptualized Twitter and twice served as its CEO dramatically quit and left the company.The share price collapsed and is currently trading below its 2013 IPO price, despite a top line CAGR of 29% over that period.Elon Musk has acquired a 10% stake and is attempting a take-over. But what is really going on? Is Twitter a good investment opportunity? We’ll answer all of these questions and more.
Looking back on the first half of this hardest year, which stock made you lose money until you lost your confidence?And which stock in the adverse market is still a big bull that brought you a lot of income?For many Tigers, the first half of 2022 may not have been a good time.Inflation in the U.S. is at its highest level in nearly 40 years, and the Fed has had no choice but to tighten monetary policy, with the largest rate hike since 1994, and economic expectations are sluggish. The $S&P 500(.SPX)$ has fallen about 20% in the first half of the year, the $NASDAQ(.IXIC)$ is down 28.9% and the $DJIA(.DJI)$ is down 14.8%. The first half of the year for the U.S.
Musk continues to file complaints regarding the Twitter spam account issue causing fears the deal won't close at the agreed upon price.The company continues to fight back on the bot issue with the data suggesting the parties are talking about different issues.The stock has immediate 30% upside on the unlikely close of the deal, or a larger user base to support higher stock prices when the economy improves.