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Wall Street Is Bored With Twitter Again. So Who Has to Go Now?

That was quick.

Asa Mathat
Peter Kafka covers media and technology, and their intersection, at Vox. Many of his stories can be found in his Kafka on Media newsletter, and he also hosts the Recode Media podcast.

Dick Costolo cycled through lots of senior executives during his five-year run at Twitter. So it made sense that eventually he would have to leave, too. And when he did, Wall Street cheered, pushing the stock up as much as 7 percent.

But that was yesterday. Today, Twitter stock is back down again, right where it was before the company announced Costolo was out.

Twitter stock chart post Costolo

His replacement, Jack Dorsey, is only there on an interim basis. Maybe Twitter’s board can see what happens if it replaces itself.

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