
Shares of Twitter dropped in early trading Wednesday to their lowest point since the company went public in November. Investors remain concerned about the short messaging service’s ability to keep adding users and keep existing users engaged. Twitter has said that it is focusing on expanding its audience and encouraging people who use its service to use it more often. But the San Francisco company has not been expanding its user base as quickly as its investors would like. Twitter had 255 million monthly users at March’s end, up 25 percent from a year ago. Late Tuesday, the company reported first-quarter adjusted earnings and revenue that topped Wall Street expectations. Shares of Twitter declined $5.23, or 12.3 percent, to $37.39 in early trading.
GMT 17:56 2018 Wednesday ,17 January
Ericsson to write down 1.4 billion euros in fourth quarterGMT 19:16 2018 Saturday ,13 January
China shuts Marriott website over Tibet error, scolds other firmsGMT 17:31 2018 Thursday ,11 January
UK group bids for Europe's biggest aluminium smelterGMT 17:24 2018 Thursday ,11 January
UK supermarket Sainsbury's lifts outlook after bumper ChristmasGMT 17:52 2018 Tuesday ,09 January
H&M removes 'black boy' ad after racism accusationGMT 19:38 2018 Wednesday ,03 January
Petrobras pay $2.95bn to settle US class action on corruptionGMT 13:49 2018 Wednesday ,03 January
China’s Ant Financial drops $1.2 billion MoneyGram deal as US approval failsGMT 17:47 2017 Sunday ,31 December
BA owner to buy bankrupt Austrian airline Niki
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor