Should You Buy Twitter After its Post-Earnings Pop?
Shares of Twitter (NYSE: TWTR) recently surged more than 25% after the struggling social network's third quarter revenue and earnings topped analyst expectations. But even after the big bounce, Twitter remains below its IPO price of $26 -- which it hasn't touched in two years.
Investors also remain divided about Twitter's long-term outlook, with the bulls seeing an inflection point and the bears expecting a brief bounce before a nastier decline. Let's take a closer look at Twitter's third quarter to see which argument makes more sense.
Twitter's mobile app. Image source: Google Play.
Source: Fool.com
Meta Platforms Inc. Aktie
475,40 €
-0,63 %
Positive Stimmung für Meta Platforms Inc. mit mehreren Buy- gegenüber Sell-Einschätzungen.
Das Kursziel von 500 € für Meta Platforms Inc. zeigt eine leichte Steigerung gegenüber dem aktuellen Kurs von 475.4 € an.
