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    SunTrust analyst Robert Peck Urges Twitter to Hire A Permanent CEO

    Morag Mcgreevey
    Aug. 04, 2015 03:40PM PST
    Emerging Technology Investing

    SunTrust Analyst Robert Peck argues that Twitter (NYSE:TWTR) needs to hire a permanent CEO in order to woo investors back to the social media platform.

    SunTrust Analyst Robert Peck argues that Twitter (NYSE:TWTR) needs to hire a permanent CEO in order to woo investors back to the social media platform.
    According to an article on Business Insider:

    Twitter’s stock has taken a beating in recent days, following an earnings conference call in which it acknowledged that user growth is stuck in a rut and the news of several high level employees jumping ship. Without a permanent CEO leading the company, investor doubts are growing.

    In a note to investors, Peck wrote:

    We think investors are questioning the current state of the CEO search and assessing the rumored parameters, wondering if Twitter is looking for a difficult to find CEO candidate or ‘Unicorn CEO,” Peck wrote in a note to investors on Tuesday.

    Click here to read the full article on Business Insider.

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