42: Just Hoping Twitter Is for Sale Doesn't Make it True

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Recorded06 Sep 2016

Publisheromnycontent.com ↗

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Investors seem to be praying Twitter will sell itself. The stock jumps almost 5 percent at every rumor or vague hope the company is engaging the prospect of selling, according to research by Bloomberg Gadfly columnists Shira Ovide and Brooke Sutherland. But the rumors are never true (yet!), even though "market deal chatter," whatever that is, happens all the time. Why is Twitter M&A speculation so rampant and unreliable, and how can investors use Twitter as a money-making tool? Sutherland and Ovide chat with host Alex Sherman.See omnystudio.com/listener for privacy information.

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