Why These 5 Stocks Are Moving on Wednesday

In this article, we take a look at five stocks that are moving on Wednesday. If you want to read our detailed analysis of these stocks, go directly to Why These 10 Stocks Are Moving on Wednesday.

5. Twitter, Inc. (NYSE:TWTR) has dipped more than 3.5% during trading today after Mark Zgutowicz at Benchmark initiated coverage of the company with a Hold rating without a target price. The analyst sees Twitter, Inc. (NYSE:TWTR) providing a limited user base with a high utility product that has a limited ability to scale. Zgutowics is skeptical about the company’s 50% direct response target and doubts that Twitter, Inc. (NYSE:TWTR) will be able to achieve its 2023 revenue target of $7.5 billion with a daily active user base of 315 million.