Jack Dorsey Needs To Make A Choice

by Davit Kirakosyan, Benzinga Staff Writer

July 27, 2016 11:32 AM | 1 min read | Make a Comment

According to

, Jim Cramer put

Twitter IncTWTR

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.

Related Link: Is Twitter The Next Yahoo?

Cramer believes Jack Dorsey, the CEO of Twitter and the founder and CEO of Square Inc SQ, 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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Posted In: CNBC Jim Cramer Management Tech Media Jack Dorsey

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Jack Dorsey Needs To Make A Choice