Why Is Everyone Talking About Twitter Stock?
Twitter's (NYSE: TWTR) stock took investors on a wild roller-coaster ride on Nov. 29 after CEO Jack Dorsey abruptly announced his resignation. Parag Agrawal, the company's chief technology officer, will succeed Dorsey. The social media company's stock initially soared by as much as 11% following Dorsey's announcement, but still ended the day down nearly 3%.
The bulls and bears seem fiercely divided about Dorsey's departure, and Twitter will likely remain a battleground stock for the foreseeable future. Let's take a look back at Dorsey's accomplishments at Twitter and his reasons for stepping down, and consider whether this leadership change will help or harm the company.
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Source Fool.com
