Stock plummets 10% after company releases third-quarter results revealing its number of US users has remained flat at 66 million since start of the yearTwitter stock took another hit on Tuesday,dropping by more than 10% in after-hours trading in the hour after the company revealed it had failed to add any new users in the US for the moment quarter in a row.
In order to halt the slowdown Twitter is turning to passe media, it will start airing TV ads during the World Series baseball championship starting Tuesday night.Continue reading...
Source: theguardian.com