Since the exit of Twitter's CEO Dick Costolo has been announced, the Company has been in the spotlights. Shortly after the announcement, company stock rose, which can be explained by the investor's view that Twitter is better off without Costolo in charge. However, the Optimism fell short after the stock closed down with a loss 3.45% to $34.66 in monday's session.
A lot of candidates names for the new job have been raised up by Twitter's user community, but in most cases the final decision had not been affected by rumors or recommendations from the wide public. Some analysts hold a somewhat pessimistic approach to Twitter's upcoming future while expressing their concern over The company's lack of action in the new situation created.
In addition to that, some analysts are sceptical of the ability to bring a real and much needed change to the company.
Twitter's promise has not yet lived to the expectation and it seems that the management would have to act more seriously if they were to get out of the limbo they have gotten in to.
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