Where Is Jack Dorsey? Not in the Room as His Twitter Future Debated

(Bloomberg) — Twitter Inc. shares rose in early trading Monday after Bloomberg reported that activist investors have built a sizable stake in the social media company and are pushing for changes, including possibly replacing co-founder and Chief Executive Officer Jack Dorsey.The company’s shares climbed about 7% premarket in New York. They closed at $33.20 apiece Friday, giving the San Francisco-based company a market value of about $26 billion.When Twitter executives met their activist investor agitators from Elliott Management Corp. for the first time last week, the man with the most to lose was absent. Dorsey didn’t attend the Friday night …read more

Source:: Yahoo Finance

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