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Twitter Stock Crashes 20% as User Growth Fizzles
Breitbart ^ | Oct 30 2020 | Lucas Nolan

Posted on 10/30/2020 7:50:15 PM PDT by rintintin

Social media giant Twitter suffered a stock price crash of more than 21 percent in intraday trading today following the release of the company’s Q3 report. The company reported its slowest growth in years as many companies also bought less advertising on the platform at the same time.

Variety reports that despite beating Wall Street financial forecasts for the third quarter of 2020, Twitter’s poor user growth for the time period and an extremely uncertain advertising forecast for Q4 has caused the company’s stock to crash more than 20 percent.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy
KEYWORDS: internet; investment; stock; twitter
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1 posted on 10/30/2020 7:50:15 PM PDT by rintintin
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To: rintintin

Great day for them to finally cave to the NY Post!


2 posted on 10/30/2020 7:51:18 PM PDT by aynrandfreak (Being a Democrat means never having to say you're sorry)
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To: rintintin

Wow!


3 posted on 10/30/2020 7:52:40 PM PDT by Grey182 (Benedict is still Pope & Jeffery Epstein didn't kill himself.)
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To: rintintin

All they sell is air.


4 posted on 10/30/2020 7:52:58 PM PDT by HighSierra5
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To: rintintin

AH HA HA ha hahahaha

Break on Friday after the bell, will ya Dorsey


5 posted on 10/30/2020 7:53:48 PM PDT by Gasshog
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To: rintintin

Is anyone out there developing an alternative to Twitter? Or working up an antitrust suit against that leftist monopoly?


6 posted on 10/30/2020 7:54:05 PM PDT by Socon-Econ (adical Islam,)
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To: rintintin

Is anyone out there developing an alternative to Twitter? Or working up an antitrust suit against that leftist monopoly?


7 posted on 10/30/2020 7:54:12 PM PDT by Socon-Econ (adical Islam,)
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To: rintintin

More reports of Losses on Monday I betcha... Black Monday right before the what.. the Thing man!


8 posted on 10/30/2020 7:55:21 PM PDT by Gasshog
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To: rintintin

Parler has landed a blow


9 posted on 10/30/2020 7:55:44 PM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer.)
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To: rintintin

FUT


10 posted on 10/30/2020 7:57:05 PM PDT by E. Pluribus Unum (Islam is a totalitarian death cult founded by a child rapist.)
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To: rintintin

Twitter in flames.


11 posted on 10/30/2020 7:57:33 PM PDT by conservativepoet
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To: Buckeye McFrog

“Parler has landed a blow”

Echo, if you know what i mean. #twexit if you don’t


12 posted on 10/30/2020 7:57:43 PM PDT by drSteve78 (Je suis deplorable. WE'RE NOT GOING TO TAKE IT ANYMORE)
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To: rintintin

Funny how Trump made Twitter famous....

Now he’ll make Twitter Infamous!


13 posted on 10/30/2020 7:58:28 PM PDT by Safrguns
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To: Socon-Econ

That was my first question. I have no clue how to twitter or tweet or facebook. . .but I would be up for an alternative if it got the Freeper nod.


14 posted on 10/30/2020 7:59:13 PM PDT by Maudeen (Parents are just babysitters for God.)
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To: rintintin

Give them a week’s notice that they’re being shut down


15 posted on 10/30/2020 7:59:45 PM PDT by vigilante2 (Make liberals cry again)
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To: rintintin

*NAS FUT 11,089 -253.75 -2.24


16 posted on 10/30/2020 7:59:48 PM PDT by Gasshog
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To: Maudeen

Parler. They have committed to maintaining free speech.


17 posted on 10/30/2020 8:00:49 PM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer.)
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To: Socon-Econ

“Is anyone out there developing an alternative to Twitter?”

Parler. It’s growing in popularity. Dan Bongino is part owner.


18 posted on 10/30/2020 8:01:30 PM PDT by MayflowerMadam (Political Correctness: The inability to speak truth to the obvious. - Bongino)
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To: rintintin

80% to go...


19 posted on 10/30/2020 8:07:36 PM PDT by decal (I'm not rude, I don't suffer fools is all.)
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To: rintintin

I wouldnt mind twatter going down for the count.

Not at all.


20 posted on 10/30/2020 8:08:00 PM PDT by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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