Has TWTR Stock Bottomed?
Twitter Inc (NYSE:TWTR) stock disappointed investors again last week after reporting its financial results, which showed a slowdown in user growth. Twitter's monthly active users (MAUs) grew by just three percent in the second quarter, from 310 million to 313 million.
As a result, Twitter stock has lost 11% in value over the past five days and 29% year-to-date. TWTR stock closed at $16.42 per share, down 1.32%, on Tuesday, August 2.
Some market observers believe that Twitter is no longer a good investment because of its failure to boost.
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Twitter Inc (NYSE:TWTR) stock disappointed investors again last week after reporting its financial results, which showed a slowdown in user growth. Twitter's monthly active users (MAUs) grew by just three percent in the second quarter, from 310 million to 313 million.
As a result, Twitter stock has lost 11% in value over the past five days and 29% year-to-date. TWTR stock closed at $16.42 per share, down 1.32%, on Tuesday, August 2.
Some market observers believe that Twitter is no longer a good investment because of its failure to boost.
Den vollständigen Artikel lesen ...