The Twitter board “would be accused of being ‘high’ if it decided to sell for $54.20,” the analyst wrote.
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Musk may need to pay more for Twitter than he’s willing to, Gordon Haskett says
Technology
Etsy stock pops on Depop deal despite disappointing revenue, merchandise sales
The Etsy company logo is seen at its headquarters in New York on Dec. 13, 2023. Michael M. Santiago | Getty Images Etsy shares popped on Thursday after the company said it plans to offload its fashion resale app Depop to eBay for about $1.2 billion in cash. The online marketplace also reported mixed earnings […]
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Figma shares climb on earnings beat, but analysts note that AI risk remains
Shares of Figma traded higher on Thursday, but were well short of the initial surge following earnings. The stock was up by as much as 15% after the bell on Wednesday, when the design software maker reported fourth-quarter results that beat analysts’ expectations and offered rosy guidance. Figma’s revenue grew 40% year over year to […]
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Doordash stock rallies as investment cycle starts showing signs of a payoff
Doordash‘s stock rallied on Thursday as Wall Street shook off disappointing fourth-quarter results and commended early progress in the food delivery platform’s investment cycle. Shares initially fell about 10% in extended trading after earnings fell short of Wall Street’s expectations on the top and bottom lines and the company issued disappointing profit guidance. In the […]
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