One Factor Driving Twitter (TWTR) Stock Down Today

NEW YORK (TheStreet) -- Twitter  (TWTR) fell Friday amid news that chief engineer Chris Fry would step down into an advisory role for the social media company.

Fry was the company's second-highest paid executive at $10.3 million, mostly in stock awards and options, when Twitter had its IPO in October, according to an SEC filing

Vice president of consumer product Michael Sippey also transferred into an advisory role for Twitter in January.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

The stock was down 3.5% to $32.81 at 10:49 a.m.

TWTR Price Chart

TWTR Price data by YCharts

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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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