–Twitter presented surprisingly good user numbers for 2020. Thanks to the prominent support of former US President Donald Trump, Twitter gained even more reach than before.
The number of daily active users that can be monetized rose by 26.3% to 192 million. This key figure is particularly important for Twitter because it best reflects the long-term value of the social network. Sales rose 7.4% to around $ 3.7 billion. The bottom line was that Twitter posted a record loss of $ 1.1 billion, but this was almost entirely due to negative tax effects and higher spending on further growth. Twitter has grown faster than in previous years. Despite data scandals and the blocking of Donald Trump’s private account, more and more users tweeted. A comparably strong development is emerging for 2021.
Should Investors Sell Right Now? Or is it worth joining NEL ASA?
The corona crisis is spurring operational business. Due to the worldwide lockdown, more and more social networks are being used. Twitter also benefits from this. There is no end in sight for the time being. The pandemic will be with us in 2021, so further positive effects can be expected. However, the group has to deal more with legal disputes. In addition to data breaches, the political environment in particular is tense. Twitter is made partly responsible for political events because of its large reach. In addition, the data business, which is becoming more and more important for the group, is being criticized.
Buy, hold or sell – your BioNTech analysis from 20.03. provides the answer:
How will BioNTech develop now? Is your money safe in this stock? The answers to these questions and why you have to act now can be found in the current analysis of BioNTech shares.
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