Twitter saw its user count increase below Wall Street expectations between January and March, causing its stock on the New York Stock Exchange to falter on Thursday.
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The number of so-called “monetizable” daily users (having been exposed to at least one advertisement on a given day) stood at 199 million in the first quarter, or 1 million less than analysts' forecasts.
The Twitter network's headline tumbled 8.4% in electronic trading after the Wall Street close.