Twitter CEO, Billionaire Who Also Founded Square, INC. Has Twitter Stock Price Spiking

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Twitter and Square, INC. are both Silicon Valley tech giants, with corporate offices based in San Francisco, both helmed by billionaire and CEO Jack Dorsey. Both doing quite well after reporting extensive growth in this year’s first quarter and the last quarter in 2016.  Dorsey has proved the naysayers wrong, who claimed he could not helm two major companies at once.  In fact, his detractors seem to forget that he invented both, so why wouldn’t he be the perfect person to run them?
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Twitter Inc (NYSE: TWTR) steadily saw increases throughout the first two weeks in June.  It has fluctuated at times. After starting in the green, the stock by mid week made its way to the red. However, that all changed once  rumors started to hit the market. As is normally the case, our partners at Trade Issues were the first to alert us to the gains. At the moment (10:24), TWTR is trading at $17.64 per share after a gain of $0.07 per share (0.37%) thus far today.  Whenever Dorsey is mentioned, his companies’ stock prices soar.
As mentioned previously, Twitter was off to a rough day in the market by mid week.  However, once rumors  that Jack Dorsey will be stepping down from his position as CEO of the company, the stock hit the skids again, as shareholders and Wall Street know that Dorsey is the best to helm the company he founded.  Interestingly enough, the rumor also suggested that Dorsey will be bowing out of Square (SQ).
But, everything settled down by Friday, with stock prices at a solid, safe amount, once those rumors were found to be false, at least for now. Dorsey is one of the most talented men in the world, so whatever he decides, he’ll be a success at it. We’ll have to watch where it all goes Monday, including the handsome man who helms both companies. Stay tuned.
Written By: Tommy Lightfoot Garrett
Photographs are Courtesy:  Twitter; AP
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