Will Twitter go in reverse?

11 february 2022 103
Maria_Yudina
Maria_Yudina

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Yesterday, Feb. 10, Twitter released Q4 2021 report, the first since co-founder and CEO Jack Dorsey has resigned. Revenue and user growth rates were in line with analysts' expectations. Unlike Meta and Snap, the revenue impact associated with Apple’s iOS changes to require user opt-in for ad tracking remained modest, Twitter said. For full-year 2022, Twitter expects revenue to grow in the “low-to-mid 20% range”.


Believing the company's securities to be undervalued, management announced a $4 billion buyback program, which could help the stock price reverse its downtrend in the long run and become more attractive to investors.

Maria_Yudina
Maria_Yudina

Listed among the best MarketCheese authors
1st in the segment "US stocks"
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