There is no difference on Twitter’s side. 2nd quarter results are disappointing again with 0 increase in the monthly active users. This crashed the share price by over 12% to 16$.
However though remember Warren Buffett’s famous phrase; “Be fearful when everyone is greedy, be greedy when everyone is fearful”. On the other hand we all know that TWTR has a strong support around 15$ – 16$ level.
After all we believe market has over-reacted to the 2nd quarter results Nd we expect a spike with a target price of 17.50$
This cannot be considered an investment advice!!