Think the stock went in the wrong direction after the report, as did $SNAP's whose stock went down almost 20% from its recent high after they reported like +17% growth. Absurd, and all because Wall Street bit the "candy" laid out by Dorsey that Twitter was considering subscription services. Twitter would be decimated by a for-pay service. What they'd gain in revenues would be lost in defections by users or influencers.
Think the stock went in the wrong direction after the report, as did $SNAP's whose stock went down almost 20% from its recent high after they reported like +17% growth. Absurd, and all because Wall Street bit the "candy" laid out by Dorsey that Twitter was considering subscription services. Twitter would be decimated by a for-pay service. What they'd gain in revenues would be lost in defections by users or influencers.