Twitter will be releasing third quarter earnings today. In their last release the company showed a 24% increase in users causing the stock to climb 20%. Their earnings per share are predicted to be $0.01 and revenue is estimated to be $351 million. Much of Twitters income is generated from advertising but many now question if this is sustainable. Currently, shares are down 1.52%.
After reporting a loss of $0.95/ share on Thursday and falling almost 10%, Amazon is up almost 1% today. The commerce company released its Fire TV Stick today, a device made to enable users to stream TV onto their television. It comes as a competitor to Google’s Chromecast.
GoPro is down 5% today after already losing 10% on Friday. Analysts from Oppenheimer have downgraded the rating of the company to ‘underperform’. They also downgraded the price target to $45 as they expect sales to fall and their growth rate to decline.
October 27, 2014 – Stock Market News
Twitter will be releasing third quarter earnings today. In their last release the company showed a 24% increase in users causing the stock to climb 20%. Their earnings per share are predicted to be $0.01 and revenue is estimated to be $351 million. Much of Twitters income is generated from advertising but many now question if this is sustainable. Currently, shares are down 1.52%.
After reporting a loss of $0.95/ share on Thursday and falling almost 10%, Amazon is up almost 1% today. The commerce company released its Fire TV Stick today, a device made to enable users to stream TV onto their television. It comes as a competitor to Google’s Chromecast.
GoPro is down 5% today after already losing 10% on Friday. Analysts from Oppenheimer have downgraded the rating of the company to ‘underperform’. They also downgraded the price target to $45 as they expect sales to fall and their growth rate to decline.
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