Twitter, Inc. to Experiment With Doubling Character Count
Twitter (NYSE: TWTR) has had a rough time in recent years. Monthly user growth has struggled and revenue growth subsequently turned to declines. As a result, Twitter stock has plummeted. Shares are down more than 60% over the past five years.
Some investors have blamed slow execution and failing to build a product that appeals to a larger audience. Whatever the reasons for Twitter's troubling times recently, the company said Tuesday it is making a "big move" it hopes will make the service more usable and accessible: It's experimenting with doubling its character count.
Source: Fool.com