Why Twitter’s head of Asia Pacific is leaving the company? Twitter Inc (NYSE:TWTR)

During the most recent trading day, the stock’s price shifted up + 8.89 percent from its 52-week-low while – 40.79 percent lower from its 52-week high.

Twitter Inc generated a return on investment of – 6.10 % in past 12 months and return on equity of – 10.00 % for similar period.

The share price of Twitter Inc (NYSE:TWTR) decline -6.45 percent for the year. YTD, the current share price of the stock is below – 8.28 percent.  Wall Street stocks on Monday were aiming to start the second quarter with tepid gains. Investors were set to take cues from a handful of economic indicators and Federal Reserve speakers later in the trading day.

Dow Jones Industrial Average futures YMM7, +0.01%  added 11 points to 20,614, while S&P 500 futures ESM7, -0.03%  gained 0.3 points to 2,359.50. Nasdaq-100 futures NQM7, +0.05% rose 4.75 points to 5,443.25.

Stocks closed modestly lower on Friday, with the S&P 500 index SPX, -0.23%  dropping 0.2%, the Dow DJIA, -0.31% losing 0.3% and the Nasdaq Composite Index COMP, -0.04%  slipping 0.1%. For the first quarter, the three gauges scored advances of 4.6% to 9.8%. According to  Market Watch

According to TechCrunch, Twitter is losing the head of its Asia Pacific business, Aliza Knox, after she announced the end of her near-five year tenure with the company.

Knox was Twitter’s first hire in Asia — minus Japan — when she joined the company in 2012. (Twitter runs its Japan business separate from its APAC operations.) Prior to that, she spent five years at Google, rising to the position of APAC MD of commerce.

Knox built out Twitter’s presence in Asia, which started with an office in Singapore (now APAC HQ) and currently spans nine locations (including Tokyo) and over 100 staff. In addition, her team developed the firm’s regional advertising and partnership businesses. Source: TechCrunch

Shares of Twitter Inc (NYSE:TWTR) gained 0.20% to $14.95 on Friday. The share price is trading in a range of 14.91 – 15.06 (Price in Dollars). The stock exchanged hands with 8,402,642 shares contrast to its average daily volume of 17,902,151 shares.

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Leah Johnson

Leah Johnson is the author of Technology Section of the website. She has been an investment analyst and financial writer since 2012. She holds a Bachelor's degree in Finance from DePaul University, and an MBA in Finance from the University of Notre Dame. She also has experience working as a research analyst for a mutual fund.

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