Twitter Shares Tumbled down 9.21% because of Google

The social networking and microblog twitter experiences shares tumble down  to day thursday october 6th,2016 around 9.21% to 22.58 per USA dollar.

kotaku.com

As released by reuter, the shrink down of twitter shares is due to the decision of google which reluctant to purchase the shares of that company. Recode the technology site through its source as being cited by reuter stating that it's only apple dares to purchase the twitter shares. Previously, the issue released that twitter plans to sell the shares that will be completed in october 27th, 2016.

There are some potential buyers such as salesforce.com, alphabet and walt disney. Twitter itself is struggling to push its growth. Currently the users of that social networking is not growing and only the current user which are around 313 millions per month. The company also has to compete with another social media in term of becoming the news main source.

There is a great alarm likewise to the potential buyers as raised by mizuho analyst which claiming that saleforce for instance will risk to lose its 25% value upon the planning of twitter shares purchase. Furthermore, there is not short term return and the fund of salesforce will be used for compensation  to make up high level stock otion used by twitter. The purchase also will wipe around $12 to $17  billion of combine value between saleforce and twitter.