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SunTrust analyst Robert Peck Urges Twitter to Hire A Permanent CEO
Aug. 04, 2015 03:40PM PST
Emerging TechnologySunTrust 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.
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