Why Twitter Stock Crashed 20%
Twitter (NYSE: TWTR) investors are having a very bad day.
Shares of the social media company had crashed 19.8% by 11 a.m. EDT Friday, despite Twitter reporting third-quarter earnings last night that showed revenue blowing away the consensus ($936.2 million versus $777.2 million), and pro forma earnings of $0.19 per share coming in at triple the expected $0.06.
Image source: Getty Images.
Source Fool.com