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Monday, November 29, 2021

Twitter missed out on tech peers’ stock rally in Dorsey era, grew user base

Jack Dorsey’s era running Twitter spanned one of the biggest rallies for US technology stocks. Twitter missed out on most of it. A nearly 75% gain for the social-media platform during Dorsey’s tenure as CEO lags far behind the more than 280% rally for the Nasdaq 100 and the almost 140% gain in the S& as of Friday’s close. During Dorsey’s six-year tenure, other megatech stocks have posted triple-digit gains.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3E6axkZ

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Industrial output grows 5.8% in FY24, slows a tad in March

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...