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ACN.IM | Amazing | Computer | Technology
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Description |
SAN FRANCISCO: There was a time when Twitter strove not to end up like Facebook. As the social media phenom prepared to debut in November, the last thing it wanted was a repeat of its larger rival's rocky IPO and subsequent sell-off. Now, the one-time Wall Street darling's inability to replicate its bigger cousin's success in mobile and online may be what holds it back. Wall Street remains divided over Twitter as the seven-year-old company prepares to unveil only its second set of quarterly numbers on Tuesday. Eleven of 31 investment analysts polled by Thomson Reuters rate it a "sell," outnumbering the seven who deem it a "buy." The rest have a hold rating or its equivalent. That's a stark contrast with Facebook and Google, neither of which has a single sell rating to their name. A strong quarterly showing from Facebook last week reflected an amped-up online and mobile advertising market that's likely to have given Twitter a boost. Yet longer-term, investors remain
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Keywords |
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