Shares of Twitter won greater than eight% ahead of CEO Jack Dorsey’s presentation at a Goldman Sachs generation convention in San Francisco Tuesday afternoon.
He’s scheduled to take the level at three:30 p.m. ET.
It’s now not transparent what the topic of Dorsey’s presentation shall be, however he’s prone to set an constructive tone following the social community’s first-ever company benefit remaining week.
Twitter’s inventory worth is up 22.three% for the reason that corporate reported income that beat Wall Street’s expectancies. The large spice up got here in spite of Twitter pronouncing energetic person enlargement used to be flat.
It’s a “forged step down the street to restoration,” a BMO Capital Markets analyst advised purchasers after the income beat. “If Twitter can keep costs in check, we believe the story could become more interesting as top-line pressures fade.”
You can watch Dorsey’s presentation reside at the Goldman Sachs web site (registration required).