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Twitter’s ‘Part-Time’ Boss Steps Down But New CEO Pick Appears To Underwhelm Investors

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ValueWalk

“Such has been the consternation surrounding Jack Dorsey’s ‘part-time’ role as CEO Twitter Inc (NYSE:TWTR), that it’s little surprise investors initially reacted positively to speculation that he was leaving the platform. But the initial euphoria fizzled out, as the new pick for the driving seat, Parag Agrawal, the current chief technology officer, appeared to underwhelm investors. Shares had surged 11% in the pre-market session and lifted 4.5% as trading resumed, before falling back and dropping into the red. Q3 2021 hedge fund letters, conferences and more Parag Agrawal As Twitter’s New CEOO…

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