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Without Trump, Twitter Could Lose Almost A Fifth Of Value - Foreign Affairs - Nairaland

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Without Trump, Twitter Could Lose Almost A Fifth Of Value by nairavibez: 9:45am On Aug 20, 2017
…US president has 36 million followers and has tweeted more than 35,000 times since 2009



That’s the conclusion of Monness Crespi Hardt & Co analyst James Cakmak, who said that the social media company would see as much as $2 billion in market value wiped out if @realDonaldTrump quit tweeting.

It’s not that the US president’s defection would touch off a mass exodus, lowering the number of “monetisable” daily active users, Cakmak said in an interview. Instead, losing its most prominent user would hit Twitter’s intangible value and lead to what’s known as multiple compression.



“There is no better free advertising in the world than the president of the United States,” said Cakmak, who has a neutral rating on Twitter shares.



While Twitter doesn’t disclose the total number, Cakmak estimates daily users are around 125 million, about 30 per cent fewer than Snap.

Twitter said in July that daily active users rose 12 per cent in the second quarter, compared with the same period in 2016.





Trump has 36 million followers and has tweeted more than 35,000 times since joining the social media service in 2009.

Twitter’s business doesn’t face much risk from “potential diminishing political relevancy”, Cakmak said in a note published on Thursday. “What’s most important is the execution of the right strategy, since at the present state we find Twitter not capitalising on the opportunity that’s in front of them.”

Twitter shares have fallen 14 per cent since Trump won the presidency in the November 8 election. The company’s market cap is about $

Read more http://www.infohubs.ga/without-trump-twitter-lose-almost-fifth-value/

Re: Without Trump, Twitter Could Lose Almost A Fifth Of Value by Osuhatesosu: 9:49am On Aug 20, 2017
Twitter president.
Re: Without Trump, Twitter Could Lose Almost A Fifth Of Value by baralatie(m): 9:51am On Aug 20, 2017
president should come to nairaland then
Re: Without Trump, Twitter Could Lose Almost A Fifth Of Value by Nobody: 9:53am On Aug 20, 2017
My able twitter President who says it as it is without mincing words. Fu*k the mediacheesy
Re: Without Trump, Twitter Could Lose Almost A Fifth Of Value by globemoney: 9:54am On Aug 20, 2017
Snapchat has more daily users than Twitter? I dont think its true
Re: Without Trump, Twitter Could Lose Almost A Fifth Of Value by Nobody: 1:24pm On Aug 20, 2017
baralatie:
president should come to nairaland then

Trust me, they have ears on Nairaland. grin

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