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Why Twitter, Inc. Stock Plummeted on Thursday

TheMotleyFool

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Why Twitter, Inc. Stock Plummeted on Thursday

Shares of Twitter (NYSE: TWTR) fell as much as 14.1% on Thursday, following the company's second-quarter financial results. The stock is down about 13.1% at 11:20 a.m. EDT.

For its second quarter, Twitter's revenue and adjusted earnings per share were $574 million and $0.12, respectively. Both metrics easily exceeded analysts' consensus estimate for revenue of $537 million and adjusted EPS of $0.05.

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Source: Fool.com