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Is Twitter Worth Buying at Its Current Level?

Sean Allen
Is Twitter Worth Buying at Its Current Level?

Like Facebook, Twitter (TWTR) has also had a horrendous run in the stock market since announcing its second-quarter results. Twitter’s number of monthly active users fell by 1 million during the quarter. Twitter’s CEO, Jack Dorsey, recently testified before the Senate Intelligence Committee that the company was still deleting a “ton” of fake accounts. While this could dampen the company’s monthly active user count, it’s also improving the quality of the platform.