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Why Twitter Stock Fell Today

TheMotleyFool

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Shares of Twitter (NYSE: TWTR) declined on Monday after the social media company said that co-founder Jack Dorsey relinquished his role as chief executive officer.

By the close of trading, Twitter's stock price was down 2.7% after rising as much as 11% earlier in the day.

Parag Agrawal will replace Dorsey as CEO. Agrawal has served as Twitter's chief technology officer since 2017. He will also join the social network's board of directors.

Source Fool.com

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