In July since recurring to Twitter Inc, Jack Dorsey Chief Executive Officer has prepared a handful of affected changes to the micro-blogging service and vowed more.
But so far, the new features have been not so successful at doing the one thing Wall Street needs most: getting more and more people to use the service.
According to Analysts stock price of Twitter, which has extended record lows, is improbable to increase until the company shows noteworthy user growth.
Topeka Capital Markets analyst, Blake Harper, said that, they’ve been a public company long enough where they should have been capable to upsurge the user base and fix a lot of the product issues to request to a larger audience.
In a letter to shareholders released Wednesday, when Twitter reported its fourth-quarter earnings, Dorsey drawn his strategy, for the first time for the future of the company.
The plan lacked many particulars about imminent product plans and was eclipsed by flat user progress in the quarter, the first time since Twitter went public in 2013.
The anemic growth replicates a disquieting reality for Twitter: Product fluctuations have not reignited pleasure.
Dorsey in October revealed Moments, which aims to make it easier for users to follow major events and breaking news, but it has failed to gain traction, analysts say.
Dorsey has also tested with changing one of signature features of Twitter, by increasing the 140-character limit.
Some users have responded adversely to the idea of major changes to the way Twitter mechanism, with many taking to the service using the hashtag #RIPTwitter.
Up to now, advertisers have been dissatisfied with the failure to reignite user growth, however some have articulated tentative sanguinity about the changes.
