Twitter's CEO Search Intensifies as Stock Falls 22 Percent

Bloomberg reported that the search for a new Twitter Inc. (NYSE:TWTR) CEO is intensifying. In the several months since the hunt began, the company’s share price has dropped 22 percent, and a number of product execs have left.
Co-founder Jack Dorsey, currently Twitter’s interim CEO, is reportedly a “leading internal candidate.”
As quoted in the market news:

Twitter’s board meets Thursday and plans to discuss the results from the search so far, said the people, who asked not to be named because the process is private. Investors are getting impatient for directors to make a decision, or at least give a detailed update on the process, said Colin Sebastian, an analyst at Robert W. Baird & Co.
“The company, its employees and certainly its shareholders are in a little bit of limbo,” Sebastian said. “That qualifies it as an urgent matter of business.”

Click here to read the full Bloomberg report.