Scalper1 News
Twitter (TWTR) stock fell Monday following news reports that the company plans to cut its engineering staff. Twitter shares were down 6.5% in midday trading in the stock market today, near 29. Since hitting an 11-month high of 53.49 in April, Twitter stock has tumbled 45%, though it’s again trading above its November 2013 IPO price of 26. Twitter plans to announce companywide layoffs this week, according to a Re/Code report on Friday. Re/Code said Scalper1 News
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