RICK REA: Helping You Grow Through Online Marketing
  • Home
  • Blog
    • Social Media News
    • SEO Marketing News
    • Digital Trends News
    • Photography News
    • Mobile Marketing
    • Business News
    • Gadget News
    • Printing News
  • Contact
  • About
  • Subscribe


Jack Dorsey just spent $9.5M buying more Twitter stock

4/28/2017

0 Comments

 
http://ift.tt/2oH1FzD

Jack Dorsey just spent $9.5M buying more Twitter stock

http://ift.tt/2oH3yMH

Jack Dorsey is at it again — after purchasing $7 million in Twitter stock back in February, the Twitter CEO bought another $9.5 million today. After making his purchase, Dorsey posted the news on Facebook Twitter, sparking a one percent gain in the company’s after share price in after-hours trading.

Sourced from Google Finance.

According to an SEC filing, Dorsey purchased 574,002 shares of Twitter stock at roughly $16.62. That price is either a steal, if you compare it to Twitter’s peak share price of almost $70 or a pretty bad deal if you’re looking at last week’s share price that was $2 lower. Either way, the CEO is expressing confidence in his company that just posted its first decent earnings report in a while.

Earlier this week Twitter reported to investors that it brought in $548 million in revenue in Q1 2017, beating investor expectations of $511.9 million. That sent Twitter stock on an upward trajectory, benefitting shareholders. But despite all the good news, Dorsey hasn’t actually made much from his purchase of over 400,000 shares back in February.

With both purchases combined, Dorsey has now grabbed up over 1 million additional shares of Twitter stock this year alone. In contrast, he has been dumping stock from his side-hustle Square. The share price for Square stock has been on the rise. The money from Dorsey’s sale of Square stock has previously gone to find his own Start Small Foundation.

Featured Image: Paul Jeffers/Fairfax Media via Getty Images/Getty Images




Social Media

via Twitter – TechCrunch https://techcrunch.com

April 28, 2017 at 12:15PM

0 Comments



Leave a Reply.


    Amazing WeightLoss

    Click Here!

    Categories

    All
    Analyze Top Competitors
    Anti-Abuse
    Apple
    Apple Watch
    Blog Posts
    Brainstorm
    Brand Awareness
    Communications
    Content Marketing
    Conversion Rates
    Editorial Calendar Tips
    Engagement
    Facebook
    Google Analytics
    How To Marketing Tips
    Influencer
    Instagram
    Instagram Live
    Keyword Search
    Marketing
    Marketing Automation
    Picture Quotes
    Podcasts
    Recording Videos
    Repurpose Blogs
    Research Trends
    Sales Funnel
    SEO Marketing
    Sharing Posts
    Slide Shows
    Smartwatch
    Social Media Marketing
    Social Media News
    Social Media Tools
    Social Selling
    Target Marketing
    Twitter
    Twitter Notifications
    User Interaction
    Video
    Video Marketing

    Archives

    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017

    RSS Feed

All content copyrighted (C) 2010 ~ 2020
​All Photos & Content Used Under Creative Commons
​www.RickRea.com 701-200-7831
Privacy Policy
  • Home
  • Blog
    • Social Media News
    • SEO Marketing News
    • Digital Trends News
    • Photography News
    • Mobile Marketing
    • Business News
    • Gadget News
    • Printing News
  • Contact
  • About
  • Subscribe