It’s no secret that TWTR is going through a rough time in Wall Street, Twitter stock price averaging record lows since Q1 2016 results report was issued.
When one of the most popular social networks in the world, which also happens to be a publicly traded company, is financially challenged, it is interesting to hear what management and analysts have to say.
First, according to Twitter Q1 2016 Shareholder Letter:
“Brand marketers did not increase spend as quickly as expected in the first quarter.”
Second, as far as Lyons Wealth Management CEO Sander Read is concerned:
“Success is not going to happen overnight. Dorsey’s going to have to work through these issues. It’s going to take a few cycles to figure it out.” — International Business Times
Last but not least, Jack Dorsey stated:
“We made a lot of progress on product innovation this quarter, particularly with live video and our refined timeline and people love it with less than 2% opting out. We remain focused on improving our service to make it fast, simple and easy to use.” — Seeking Alpha
Will innovation be enough to seduce more users and build trust on the stock market?
Nobody knows for sure.
But we deeply hope so 😉