Twitter just hit a new all-time low

Twitter shares hit a new all-time low on Monday morning.

The stock dipped as low as $15.09 when the markets opened, down 4% and surpassing the previous all-time low of $16.08 on February 2nd.

twitter stock all time low

(Yahoo Finance)

Twitter's stock has been under pressure for months, as the company struggles to boost user growth. Its plummeting value has sparked constant speculation that Twitter could become an acquisition target.

On Friday, a BuzzFeed report claimed that Twitter may soon switch to an "algorithmic" method of displaying tweets by relevance, instead of the current way of showing them in reverse-chronological order, like a backward timeline. This caused an uproar on Twitter, with the hashtag #RIPTwitter becoming popular as worried users complained about the possibility of Twitter shifting its focus away from a "real-time" news feed.

Twitter CEO Jack Dorsey appeared to debunk the report in a tweetstorm on Saturday, stating that the company "never planned to reorder timelines next week."

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