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No deal and OpCo downgrade hit Twitter premarket

Sep. 26, 2016 7:49 AM ETTwitter, Inc. (TWTR) StockTWTRBy: Stephen Alpher, SA News Editor35 Comments
  • Noting lagging mobile growth, decreasing engagement, competitors investing more money in adtech, and a now-greater valuation, Oppenheimer downgrades Twitter (NYSE:TWTR) to Underperform.
  • The team says Twitter saw no boost to engagement from the Olympics - disappointing as the platform appeared to be well-positioned to take advantage of this type of event. The NFL experiment is also off to a slow start.
  • Shares -2.35% premarket

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