After Twitters CEO stepped down there has been plenty of speculation, analyst opinion, and news articles about the company. Here are some of the highlights.
| Twitter CEO change a positive over time, says JPMorgan | |
| JPMorgan analyst Doug Anmuth says Twitter's CEO transition could lead to bigger product changes. He believes the move will be a positive over time and keeps an Overweight rating on Twitter. Anmuth points out the company also indicated that it is fully committed to maximizing shareholder value | |
| Twitter's Dorsey said to have wanted return to CEO post for some time, NYT says | |
| Jack Dorsey, Twitter’s co-founder and former CEO who will now be its interim CEO after Dick Costolo stepped down, has wanted to return to the helm of Twitter ever since his ouster in 2008, said two people with knowledge of his thinking, according to The New York Times | |
| Next Twitter CEO should not focus on monetization, says Jefferies | |
| Jefferies analysts Brian Pitz and Brian Fitzgerald say Twitter's next CEO should focus on user growth and product improvements, not monetization. Investor concern has centered around the company's inability to increase its logged in user base, the analysts tell investors in a research note after Twitter announced that Dick Costolo is stepping down effective July 1. They view the corresponding share rally as a sign of investor approval. Pitz and Fitzgerald keep a Buy rating on Twitter with a $60 price target. In pre-market trading, shares are up $1.57 to $37.40. | |
| Twitter employees didn't know Costolo was going to step down, Re/code reports | |
| Twitter employees "had no idea" that Dick Costolo would be stepping down as CEO of the company, according to Re/code. One Twitter employee says "employees were definitely shocked" by the news. Multiple current employees tell Re/code that "there's a feeling" within the company that interim CEO Jack Dorsey "may be back for good. | |
| No deal in works between Twitter, Google, NYT says | |
| Google (GOOG) has been rumored in recent weeks to be eyeing Twitter (TWTR), but people with knowledge of the companies said that no deal was in the works, according to The New York Times, which made the statement as part of a larger report on the CEO transition at the social network company. Jack Dorsey, Twitter’s co-founder and former CEO who will now be its interim CEO after Dick Costolo stepped down, has wanted to return to the helm of Twitter ever since his ouster in 2008, two people with knowledge of his thinking reportedly told the Times | |