Arab Today, arab today twitter falls to lowest point since going public
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

Twitter falls to lowest point since going public

Arab Today, arab today

Arab Today, arab today Twitter falls to lowest point since going public

Washington - SPA

Shares of Twitter dropped in early trading Wednesday to their lowest point since the company went public in November. Investors remain concerned about the short messaging service’s ability to keep adding users and keep existing users engaged. Twitter has said that it is focusing on expanding its audience and encouraging people who use its service to use it more often. But the San Francisco company has not been expanding its user base as quickly as its investors would like. Twitter had 255 million monthly users at March’s end, up 25 percent from a year ago. Late Tuesday, the company reported first-quarter adjusted earnings and revenue that topped Wall Street expectations. Shares of Twitter declined $5.23, or 12.3 percent, to $37.39 in early trading.

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