CEOs Have the Power to Impact Stocks with a Single Tweet

February 7, 2019

When Yusaku Maezawa, CEO of Zoza, tweeted he would be taking a break from Twitter, shares of his company immediately rose. In 2018, Elon Musk, CEO of Tesla, got himself into hot water after his infamous tweet about going private. Ian Sherr, executive director at CNET News, explains how CEOs' social media behavior can impact the market.