Posted on 04/30/2015 9:01:45 AM PDT by Enterprise
How ironic: Twitter’s stock plunged 18% today because of a tweet. The company was supposed to announce earnings after the close of the market, but the website Selerity tweeted them beforehand, reports the Wall Street Journal. It was bad news: First-quarter revenue was $436 million, about $20 million below estimates, and shares tumbled instantly. Trading was even halted temporarily following the early release of results. Twitter also warned investors that second-quarter revenue will be lower than expected.
(Excerpt) Read more at kmjnow.com ...
In related news, a GoFundMe campaign has been initiated for the purpose of raising funds for the hostile takeover of GoFundMe.
Count me in!
If it isn’t about Apple watches I don’t care. lol
Another tech bubble bout to pop?
I still don’t understand how Twitter makes any money. Just because there are advertisers doesn’t mean people are buying what it advertised.
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