Twitter Share Price

Twitter Share Price

Twitter's_Share_Price_Close_TMMChart.png

Share this chart

Editor’s Remarks:
The company behind Twitter, the world’s second most popular social network after Facebook, took the worst hit to its stock in four months after its latest earnings report showed it performing well below expectations. The 10% drop came in the hours after posted revenues of $717m, well below the $740.1m consensus estimate. CEO Jack Dorsey insisted that whilst his company’s growth wasn’t living up to expectations, Twitter’s “influence and impact” continues to outpace its peers. Despite its 319 million monthly users, Twitter is struggling to convince advertisers to chip in more as its subscriber growth slows: the two million who joined in the fourth quarter of last year represented its smallest increase in almost a year.

Get articles like this straight to your inbox each morning with our Breakfast Briefing. Sign up by clicking here!

Log in with your details

or    

Forgot your details?

Create Account

Send this to friend