Richard Drew / AP

"Twitter: No Relief in Sight," by Barron's senior editor Jack Hough: "Shares soared past $70 after the IPO. Last week they fell below $17 and may be on the way to a hat size."

Be smart: "[A] markdown isn't the same as a bargain. Twitter is nearly as expensive as Facebook, whose revenue and profit are galloping higher, based on next year's projected earnings before interest, taxes, depreciation and amortization. That means Twitter must bounce back quickly, or get bought, or suffer a continuing stock-price decline, perhaps to single digits. The first two outcomes are looking increasingly unlikely." (Free link for Axios readers)

Go deeper

America on edge as unrest rises

Louisville on Wednesday. Photo: Jon Cherry/Getty Images

Rarely have national security officials, governors, tech CEOs and activists agreed as broadly and fervently as they do about the possibility of historic civil unrest in America.

Why it matters: The ingredients are clear for all to see — epic fights over racism, abortion, elections, the virus and policing, stirred by misinformation and calls to action on social media, at a time of stress over the pandemic.

Bryan Walsh, author of Future
50 mins ago - Health

The long-term pain of the mental health pandemic

Illustration: Sarah Grillo/Axios

A less visible but still massive trauma caused by the coronavirus is becoming clear: our mental health is suffering with potentially long-lasting consequences.

Why it matters: Mental health disorders that range from schizophrenia to depression and anxiety exert a severe cost on personal health and the economy. Addressing that challenge may require out-of-the-box solutions.

1 hour ago - Axios on HBO

Preview: "Axios on HBO" interviews Bob Woodward

On the next episode of "Axios on HBO," journalist Bob Woodward tells Axios National Political Correspondent Jonathan Swan why he spoke out about President Trump being the "wrong man for the job."

  • "I did not want to join the ranks of the Senate Republicans who know that Trump is the wrong man for the job, but won't say it publicly," Woodward said.

Catch the full interview on Monday, Sept. 28 at 11 p.m. ET/PT on all HBO platforms.

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