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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Good