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Twitter tumbles on Wall Street after disappointing user growth

2021-05-03T01:45:24.379Z


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. Read also: Twitter: repeated bugs and crashes on the social network 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


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.

Read also: Twitter: repeated bugs and crashes on the social network

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.

Source: lefigaro

All business articles on 2021-05-03

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