Anonymous
Anonymous asked in Business & FinanceInvesting · 4 weeks ago

Why did Twitter fall nearly 20 percent today?

Update:

why has its user growth slowed that much? does have something to do with Trump? why?

2 Answers

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  • 4 weeks ago
    Favorite Answer

    Twitter reported slow user growth then predicted so investors saw that its future profitability was not as high as they had expected, so they dumped the stock for something more profitable. Companies always over-estimate their future performance and investors aren't happy that Twitter didn't even meet its own target.

  • kswck2
    Lv 7
    4 weeks ago

    Twitter is down 15% in pre market trading (October 30). 

    But market analysts have it Way overvalued. Q3 results are out and while they beat market expectations, too much uncertainty is there. 

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