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Twitter Pumps-And-Dumps On Reports That Dorsey To Be Named CEO

After all that...

  • *TWITTER SAID TO NAME JACK DORSEY CEO, RE/CODE SAYS

Did no one else want the job? And TWTR stocks jumped to run stops above 1-week highs as we presume this removes some uncertainty...

As Bloomberg reports,

Twitter to name Jack Dorsey permanent CEO, Re/Code says, citing people familier.

 

Will be announced as early as tomorrow

 

Dorsey will continue to run Square, where he’s also CEO

*  *  *

For now TWTR is up...

 

But that soon faded...