On Wednesday speaking to CNBC’s Squawk Alley, RBC lead analyst Mark Mahaney said, “There’s a real negative tell in here. Just like there are momentum stock buyers, guess what? There are momentum ad buyers, and the momentum is moving away from Twitter.”]
Mahaney said Alphabet and Facebook are the top performers, and there is a very wide margin between Twitter and them.
Thanks to @westr for pointing us to this story: “Snapchat keeps gaining while Twitter keeps sinking. Bad omen for some of us.”