This post was originally published on this site
Real Money’s Jim Collins described TWTR as a ‘lousy investment’ this month. Also, several insiders have sold TWTR shares over the past few weeks. Vijaya Gadde sold 14,471 shares of TWTR at $52.61 per share on November 15. Ned Segal sold 5,000 shares on November 9, while Robert Kaiden, the company’s Chief Accounting Officer, sold 10,637 shares on November 5.
In addition, hedge funds’ interest has recently declined in the stock. So, TWTR’s near-term prospects look uncertain.