Skip to Content

Twitter surges on report that Dorsey will step down as CEO

AP Business Writer

Shares of Twitter are surging on a report that co-founder Jack Dorsey will step down as the company’s chief executive. Twitter’s stock, which has consistently underperformed the market,  jumped more than 10% at the opening bell Monday. CNBC first reported that Dorsey may step down soon, citing anonymous sources. Twitter did not immediately respond to a request for comment from The Associated Press. Dorsey is also the top executive at Square, a financial payments company that he founded, and some big investors have openly questioned whether he can be effective leading both. 

Article Topic Follows: AP California

Jump to comments ↓

Author Profile Photo

The Associated Press


News Channel 3-12 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content