3 Things About Twitter That Smart Investors Know
Twitter (NYSE: TWTR) set ambitious growth targets during its analyst day presentation last February. The social media company claimed it could grow its monetizable daily active users (mDAUs) from 192 million at the end of 2020 to over 315 million by the end of 2023, and more than double its annual revenue from $3.7 billion in 2020 to "over $7.5 billion" in 2023.
Those goals initially impressed investors, but CEO Jack Dorsey's abrupt resignation last November cast a dark cloud over those plans. His successor, Parag Agrawal, was also a controversial pick because he once declared that Twitter's role was "not to be bound by the First Amendment."
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Source Fool.com
