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Jack Dorsey Needs To Make A Choice

Jack Dorsey Needs To Make A Choice - Twitter NYSE:TWTR, Square NYSE:SQ

According to CNBC, Jim Cramer put Twitter Inc TWTR 12.82% in the "distinctly not good enough category," taking into account the company's terrible forecast for the third quarter.

The company posted Q2 adjusted EPS of 13 cents on revenue of $602 million, in line with expectations.

Cramer believes Jack Dorsey, the CEO of Twitter and the founder and CEO of Square Inc SQ 1.78%, has to make a choice between the two companies.

At time of writing, Twitter shares were trading at $16.01, down 13.20 percent on the day.

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