At least five investment banks downgraded microblog Twitter (TWTR) after the company late Monday reported Q3 results that showed slower user growth and engagement, and gave Q4 revenue guidance that missed expectations. Twitter stock was down 10% in afternoon trading in the stock market today , near 44. Earlier, Twitter stock plunged as much as 15% to a three-month low. “The growth in user base was in line optically, but investor expectations were
When Twitter reports Q3 earnings Monday after the close, analysts will look for insight on whether the short-messaging service’s strategy of adding “buy” buttons, new advertising products and a smoother signup process for new members is paying off. Whether the company is managing to entice “signed out” users back to the site is another key point of interest for Wall Street. Twitter (TWTR) is guiding Q3 revenue of $330 million to $340 million, up
When Twitter reports Q3 earnings Monday after the close, analysts will look for insight on whether the short-messaging service’s strategy of adding “buy” buttons, new advertising products and a smoother signup process for new members is paying off. Whether the company is managing to entice “signed out” users back to the site is another key point of interest for Wall Street. Twitter (TWTR) is guiding Q3 revenue of $330 million to $340 million, up