Price of stock falls 13% in after-hours trading after hitting an all-time low earlier this week on news its number of monthly users has stopped growing entirelyTwitter lost users in the last three months,the company said on Wednesday, and the news sent share prices into a nosedive.
Co-founder Jack Dorsey returned to lead the company last year and has shaken management to its core, and laid off staff and instituted many changes to the service. So far his plans do not appear to be taking flight. Related: Facing complex challenges,Twitter should focus on its strengths Related: Want to boost Twitter's stock price and obtain some money? Tweet approximately it Continue reading...
Source: theguardian.com