Twitter is looking 'less worse,' but the stock's rally won't last, internet analyst Mahaney says

Twitter is looking 'less worse,' but the stock's rally won't last, internet analyst Mahaney says

7 years ago
Anonymous $1bh8zaeyQS

https://www.cnbc.com/2018/01/02/twitter-seems-less-worse-but-sustained-growth-is-unlikely-analyst.html

Things at Twitter are looking "less worse," with major app updates and a soaring stock price, but sustained growth in the face of Facebook and Google is unlikely, according to RBC Capital Markets internet analyst Mark Mahaney.

Twitter is up 40 percent in the last three months, topping an $18 billion market cap — a valuation that Mahaney said implies shareholders are expecting the company to do "a lot more, a lot better than just get less worse."