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Fly News Breaks for October 5, 2015
TWTR
Oct 5, 2015 | 10:13 EDT
JPMorgan feels the announcement of Jack Dorsey as Twitter CEO is a positive "for multiple reasons." The co-founder is well respected within and around the organization and should be able to recruit key talent in an increasingly competitive environment, the firm tells investors in a research note. Further, he is focused on strategic vision and product, JPMorgan adds. The firm continues to believe Twitter can better the user experience and deliver "materially higher' monthly active users.
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