Twitter Inc (TWTR) Executive Departures Send Share Price Lower; Jack Dorsey Announces Remaining Execs Will Take On More Work
Twitter Inc. CEO Jack Dorsey just can’t seem to catch a break. The announcement that four Twitter Inc. vice presidents are leaving the beleaguered microblogging site sent the company’s share price plunging on Monday. Dorsey confirmed the departures Sunday and said he and his remaining C-suiters would take over more responsibilities to fill the vacuum.
Twitter shares were lately down 4.3 percent at $17.08 Monday.