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Jack Dorsey Needs To Make A Choice

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Jack Dorsey Needs To Make A Choice

According to CNBC, Jim Cramer put Twitter Inc (NYSE: TWTR) 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 (NYSE: 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 Jack Dorsey Jim CramerNews Management Movers Tech Media Best of Benzinga

 

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