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Twitter Market Crash

Leaked report changes company value

     
8:27 pm on Apr 29, 2015 (gmt 0)

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

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Still sinking. Seems this makes it more vulnerable to a takeover.
9:14 pm on Apr 29, 2015 (gmt 0)

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

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

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