In this Oct. 28, 2020, record photo, Twitter CEO Jack Dorsey appears connected a surface arsenic helium speaks remotely during a proceeding earlier the Senate Commerce Committee connected Capitol Hill, successful Washington. Shares of Twitter are surging astatine the marketplace unfastened connected Monday, Nov. 29, 2021 pursuing a study that Dorsey volition beryllium stepping down from his post. Credit: Michael Reynolds/Pool Photo via AP, File
Shares of Twitter are surging connected a study that co-founder Jack Dorsey volition measurement down arsenic the company's main executive.
Twitter's stock, which has consistently underperformed the market, jumped much than 10% astatine the opening doorbell Monday.
CNBC archetypal reported that Dorsey whitethorn measurement down soon, citing anonymous sources.
Twitter Inc. did not instantly respond to a petition for remark from The Associated Press aboriginal Monday.
Dorsey is besides the apical enforcement astatine Square, a fiscal payments institution that helium founded, and immoderate large investors person openly questioned whether helium tin beryllium effectual starring both.
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