Twitter, Inc. (TWTR)
41.56 +0.20 (0.48%)
After hours: 7:09PM EDT
| Previous close | 52.43 |
| Open | 44.53 |
| Bid | 41.48 x 1800 |
| Ask | 41.50 x 1200 |
| Day's range | 40.83 - 45.18 |
| 52-week range | 20.00 - 52.93 |
| Volume | 85,653,616 |
| Avg. volume | 16,255,958 |
| Market cap | 32.714B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.58 |
| Earnings date | 29 Oct 2020 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 40.99 |
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- Bloomberg
Twitter Posts Worst Day Since 2014 After Meager User Growth
(Bloomberg) -- Twitter Inc. posted its worst day since 2014 after the company’s third-quarter results showed fewer new users than analysts had projected.Shares of the social media company plunged 21% after saying it added just a million new daily users in the third quarter, 8 million fewer than analysts estimated, despite the return of live sports and a U.S. election campaign that were expected to drive people to the platform. Before Friday, Twitter had advanced 13% in the seven trading days since strong results from Snap Inc. kicked off a rally in social media stocks. Friday’s drop erased $8.8 billion in market value. However, the stock is still up 88% since its recent low on March 18.(Adds details about share gains since Snap’s results in second paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
