Twitter fails to add any new users in US for second straight quarter

Discussion in 'Market News' started by Lily, Oct 27, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Stock plummets 10% after company releases third-quarter results revealing its number of US users has remained flat at 66 million since start of the year

    Twitter stock took another hit on Tuesday, dropping by more than 10% in after-hours trading after the company revealed it had failed to add any new users in the US for the second quarter in a row.

    In order to halt the slowdown Twitter is turning to old media, it will start airing TV ads during the World Series baseball championship starting Tuesday night.

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