Twitter Inc (NYSE:TWTR) – CEO Dorsey says the company hasn’t done enough to tackle hate on the platform.
Twitter Inc (NYSE:TWTR) traded 79,155,385 shares on last trading session with closing price of $15.82.
TWTR was trading -37.35% below its 52-week high and 15.22% above its 52-week low. Its last 5-Year EPS growth stands at -13.50%; with earnings growth of -76.90% yoy. The stock stands 4.14% above the average-price of 50 days and 8.35% compared with the SMA 20.
CNBC – Twitter Inc (NYSE:TWTR) chief executive Jack Dorsey admitted that the company did not make good headway on tackling abuse on its platform last year, but a “different mindset” has helped the technology firm to make “phenomenal” progress in 2017.
The Twitter co-founder spoke to technology publication Backchannel in an interview published Wednesday about trolling on the site. Leslie Jones, one of the stars of the movie “Ghostbusters”, was inundated with racist and misogynistic comments on Twitter last year, prompting her to quite the service. Backchannel referenced this in its question to Dorsey, asking if the company had failed.
“We made it a priority last year, but to be very frank and honest, we only shipped one meaningful thing all year. So our progress is not something that we are proud of,” Dorsey said. Source: CNBC
The stock has a 1-year performance down -10.87% and a positive weekly performance at 8.80%. Moreover, the stock is up 5.54% in one month through last close, to $15.82, showing a -5.44% return during the past three months. The company is set at a mean analysts’ recommendation of 3.30.
TWTR has been paying dividends since None and has raised their dividend for 0 consecutive years. It has a dividend yield of 0.00% and a 5 year dividend growth rate of 0.00%. Their payout ratio is 0.00%.