Twitter shares fall again as Wall Street worries over social media company’s user growth 

Twitter shares fall again as Wall Street worries over social media company’s user growth 

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/07/30/twitter-shares-fall-again-as-wall-street-worries-over-user-growth.html

Several Wall Street firms are cautioning their clients about the prospects for Twitter shares, saying the social media company's stock will not outperform until user growth returns.

On Friday the company posted slightly lower-than-expected second-quarter monthly active user (MAU) numbers. But the bigger disappointment was Twitter's guidance for the third quarter, when it forecasts a decline of "mid-single-digit millions" in monthly users from the second quarter.