Twitter Handed Downgrades On Slowing User Growth

By | October 28, 2014

Scalper1 News

At least five investment banks downgraded microblog Twitter (TWTR) after the company late Monday reported Q3 results that showed slower user growth and engagement, and gave Q4 revenue guidance that missed expectations. Twitter stock was down 10% in afternoon trading in the stock market today , near 44. Earlier, Twitter stock plunged as much as 15% to a three-month low. “The growth in user base was in line optically, but investor expectations were Scalper1 News

Scalper1 News