Twitter Stock Tumbles As Short Seller Spotlights 'Toxic' Report
Twitter stock plunged Thursday as a well-known short seller cut his price target on the social media company amid a falling market.
Citron Research's Andrew Left contended in a note to clients that investors and advertisers will turn away from Twitter (TWTR).
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"Twitter has become the Harvey Weinstein of Social Media," Left's report, issued Thursday, said. "New Price Target — $20."
The short-message social network's stock tumbled by 11.1%, closing at 29.29, on the stock market today.
...
https://www.investors.com/news/technolog...yptr=yahoo
Twitter stock plunged Thursday as a well-known short seller cut his price target on the social media company amid a falling market.
Citron Research's Andrew Left contended in a note to clients that investors and advertisers will turn away from Twitter (TWTR).
...
"Twitter has become the Harvey Weinstein of Social Media," Left's report, issued Thursday, said. "New Price Target — $20."
The short-message social network's stock tumbled by 11.1%, closing at 29.29, on the stock market today.
...
https://www.investors.com/news/technolog...yptr=yahoo
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