Bluesky bump from X exodus is slowing down, data shows [TechCrunch]
Similarweb Ltd. Ordinary Shares (SMWB)
Company Research
Source: TechCrunch
The slowdown is based on an analysis of web traffic and mobile app daily active users by analytics firm Similarweb , which found that Bluesky grew less than 10% month-over-month in December 2024, compared with 189% growth in November. Daily active users of the Bluesky mobile app in the U.S. also grew 12% in December, compared with 284% growth in November, the firm says. As of the time of writing, Bluesky has 26.44 million users in total and has begun adopting other X features, like Trending Topics The social network benefitted late last year from a user exodus from X , formerly Twitter, following the results of the U.S. presidential election in November. As Elon Musk became more closely allied with incoming President Donald Trump and used X to promote the Trump campaign, X users unhappy with the app's latest direction moved to Bluesky in search of greener (or perhaps bluer?) pastures. The move sent Bluesky's app to the top of the U.S. App Store charts in November, where it ma
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News
- Bluesky finds with growth comes growing pains - and bots [Yahoo! Finance Canada]Yahoo! Finance Canada
- Similarweb Ltd. (NYSE: SMWB) had its "outperform" rating re-affirmed by analysts at William Blair.MarketBeat
- FactSet Appoints Barak Eilam to Board of Directors [Yahoo! Finance]Yahoo! Finance
- Santa Believers Spark Bigger Holiday Spending, According to a Survey Commissioned by Slickdeals [Yahoo! Finance]Yahoo! Finance
- Similarweb Ltd. (NYSE: SMWB) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $17.00 price target on the stock.MarketBeat
SMWB
Earnings
- 11/12/24 - Beat
SMWB
Sec Filings
- 12/20/24 - Form 144
- 12/19/24 - Form 144
- 12/18/24 - Form 144
- SMWB's page on the SEC website