Twitter had been scheduled to release its quarterly earnings today, but the earnings information was leaked yesterday. Despite pushing for more advertising and trying to attract more users, Twitter figures failed to impress, resulting in a staggering drop in Twitter stocks yesterday. After dropping roughly 25% at its lowest point in the session, Twitter closed at $42.27 per share and an overall dive of 18.18% to its stock prices. In aftermarket trading, Twitter shares slid a further 1.63% due to lackluster success with the marketing and advertising campaigns, as well as deals with search engines such as Google to include Twitter posts in search results.
April 29, 2015 – Stock Market News
Twitter had been scheduled to release its quarterly earnings today, but the earnings information was leaked yesterday. Despite pushing for more advertising and trying to attract more users, Twitter figures failed to impress, resulting in a staggering drop in Twitter stocks yesterday. After dropping roughly 25% at its lowest point in the session, Twitter closed at $42.27 per share and an overall dive of 18.18% to its stock prices. In aftermarket trading, Twitter shares slid a further 1.63% due to lackluster success with the marketing and advertising campaigns, as well as deals with search engines such as Google to include Twitter posts in search results.
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