Shares of San Francisco-based Twitter accept rallied over the past times several days equally the social media giant has introduced several novel measures to curb online harassment in addition to abuse. Today, Twitter (Stock symbol: TWTR) unopen upwardly 2.52% on the twenty-four hours at $18.72 - a 54-day high.
In yesterday's spider web log post, Twitter VP of Engineering, Ed Ho, said Twitter is introducing 3 novel improvements; blocking known abusers from creating novel accounts; activating “safe search,” which improves the lineament of users’ sense past times removing problematic/damaging Tweets from search results; collapsing abusive and/or “low-quality” tweets, exactly the offensive message volition yet hold out accessible past times users looking for them.
Ho said additional improvements are on the agency inwards the coming weeks.
Twitter shares likewise got a boost today from Rich Greenfield, a Media & Tech Analyst at BTIG Research, who said inwards a
CNBC interview that he was upgrading TWTR to a BUY in addition to assigned the stock a $25 price-target, citing user growth due to President Trump’s prolific usage of the social platform.
During the interview, Greenfield likewise mentioned Twitter’s continued efforts inwards making the platform to a greater extent than user-friendly, laying specific focus on the imroved explorer tab.
While President Trump inwards all likelihood gave Twitter a sizable boost inwards user growth in addition to engagement, Twitter's
advertising revenues are projected to growth to $3.26 billion inwards 2017, in addition to 3.93 billion inwards 2018, according to Statista. Twitter’s
active monthly user numbers grew to 56.8 1 thou 1000 inwards 2016, in addition to this figure is projected to growth inwards 2017 to 60.9 million.
Since the kickoff of the week, Twitter shares accept appreciated past times to a greater extent than or less 5.75 percent:
Twitter logo past times
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