Twitter Stocks Drop: Social Media Site In Financial Trouble, Takeover On The Way? [VIDEO]
Twitter stocks have dropped 5 percent on Thursday, seemingly leading the social media site's handlers to possible extreme options. The geniuses behind Twitter are considering selling the company to raise the social media site's stocks.
What is particularly interesting about Twitter's plight is the fact that the company's stocks have actually been rallying slowly but steadily since hitting its all-time low last May. However, the surge in the microblogging platform is perceived widely as a result of talks about a possible takeover.
Twitter to be Merged Soon?
Talks of a merger between Twitter and a possible partner have been going on for some time now. Among the companies that are rumored to have shown a notable interest in Twitter include tech giants Alphabet and Apple, as well as media behemoths such as News Corp. and 21st Century Fox. NBC and Comcast have also been linked to rumors about a Twitter takeover in the near future.
As much as speculation are high, however, Twitter has been quite silent about its alleged takeover options. With the company yet to fully bounce back and catch up to industry leaders like Facebook and Snapchat, however, the microblogging platform might need to do something more drastic. Thus, a merger would not really be much of a surprise.
Twitter Still Alive
What's particularly great about Twitter is that the platform is still used by millions of users on a daily basis. Even if Twitter has barely changed over the years, it still remains one of the most popular ways politicians, athletes, celebrities and other prominent personalities communicate with their supporters.
Twitter's capability to instantly foster conversation among its users is also another endearing factor about the platform, and it is one that might never be matched by its competitors. Thus, even if Twitter's comeback under the hands of CEO Jack Dorsey seems to be taking longer than usual, it appears like the microblogging platform is simply taking the long and safe road to recovery.
