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Why Twitter Stock Lost 18% in November

TheMotleyFool

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Shares of Twitter (NYSE: TWTR) pulled back last month as the social media company got swept up in a broader sell-off of growth stocks and traders reacted poorly to news that Jack Dorsey was stepping down as its CEO. According to data from S&P Global Market Intelligence, Twitter stock finished November down 18%.

The stock, already sliding previously, fell sharply at the end of the month after the CEO change was announced.