Actionable news
All posts from Actionable news
Actionable news in TWTR: TWITTER Inc,

Twitter (TWTR) Stock Slips, Analyst Downgrade Overshadows Changes to Simplify Tweets

NEW YORK (TheStreet) -- Twitter (TWTR) shares are tumbling 3.98% to $13.84 on Tuesday after analysts at MoffettNathanson slashed their ratings on the microblogging site to "sell" from "neutral."

The firm cited several reasons for the ratings downgrade including advertiser fatigue and a challenging road ahead, CNBC reports.

"While initiatives like the monetization of logged-out users and courting direct response advertisers through ROI and measurement partnerships like the DoubleClick integration could lead to some stabilization and possibly upside in late '16/ early '17, they probably do too little, too late," analysts said.

Overall, there are not enough positives for investors to own the stock and see value in the company, they added.

Earlier today, the company announced that it is...