Twitter CEO Valentine buys 7 million U.S. stocks

【Global Science and Technology Report】 According to the United States "USA Today" reported on February 14, Wall Street may lose confidence in Twitter, but the company's cheerleader Jack Dorsey (Jack Dorsey) to pay their own bills, to buy a value of 7 million US dollars stock.

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Twitter CEO Jack Dorsey pushed the link to the regulatory application on the February 14 Valentine's Day with the tag #LoveTwitter. The price of 426,000 shares ranged from $15.84 to $16.60.

According to reports, the number of Twitter users and tax growth have stagnated, and the stock price has fallen below Wall Street’s expected price. As a result, Jack Dorsey, a partner in the company, feels pressure.

Scott Kessler, an analyst at global equity and funds research firm CFRA, wrote in a research report: “We think that the chief executive’s purchase of company stocks is a mild positive trend, especially in After a disappointing result last week (fourth quarter) and disappointing guidance, the stock price dropped significantly. However, we noticed that Dorsey increased his share by only 3%."

Scott Kessler said that CFRA believes that Dorsey’s share purchase is the first time the company’s executive or director “opens up the market” to acquire Twitter stocks within one year. (Internship Compilation: Wang Xi reviewer: Li Zongze)

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