Saturday 28 July 2018

Twitter shares drop 19 percent after reporting declining monthly active users

Twitter shares drop 19 percent after reporting declining monthly active users

Though Twitter experienced 24 percent year-over-year revenue growth and exceeded projections this quarter, the company projected lower than expected monthly active users. Monthly active users were down 1 million compared to last quarter.
Read more: https://www.cnbc.com/2018/07/27/twitter-earnings-q2-2018.html?source=Snapzu

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