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Twitter Market Crash

Leaked report changes company value

         

tangor

8:27 pm on Apr 29, 2015 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Twitter shares flash-crashed down 25 percent Tuesday after someone at the company appears to have accidentally leaked the company’s disastrous first quarter revenue and earnings by posting results on Twitter’s website before the close of regular stock trading. With -$7 billion in market cap instantly evaporating, Twitter had what traders call a “dead kitty bounce” to cut the loss to -$5 billion so far.

[breitbart.com...]

brotherhood of LAN

8:44 pm on Apr 29, 2015 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Still sinking. Seems this makes it more vulnerable to a takeover.

engine

9:14 pm on Apr 29, 2015 (gmt 0)

WebmasterWorld Administrator 10+ Year Member Top Contributors Of The Month



Not surprising, really. I wonder if people are simply expecting too much from the platform.

As you say, ripe for takeover, and that's a worry, too, because i like it's independence.

Twitter Posts Q1, 2015 Revenues of $436 Million, Up YoY, But Lower Than Expected [webmasterworld.com]

tangor

9:41 pm on Apr 29, 2015 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



The report in the OP indicates some of Twitter's acquisitions have been less than stellar... either by implementation or expectation. One wonders at management's role in the monetization of the property.

bill

1:57 am on Apr 30, 2015 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



They had a similar precipitous slump last year when earnings were announced as well.