Twitter just can’t catch a break.
Today the company’s stock price hit all-time lows — down to $28.91 per share according to Yahoo Finance, more than 4 percent below its May 2014 slump.
The sudden dip arrives just six days after the company shared its second-quarter earnings, which revealed weak growth expectations for the year and offered little insight into how Twitter plans to fix the messy situation.
Twitter actually beat financial expectations last week, reporting $502 million in revenues for Q2, but the company’s interim CEO, Jack Dorsey, failed to inspire confidence among investors.
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Now, as the stock hovers around $29, takeover talk — a familiar topic for Twitter — is heating up once again.
