Twitter (NASDAQ TWTR) released its earning report last week. The report was released half an hour earlier than scheduled. This led to the report making a lot of impact on the stocks. NASDAQ went on to take full ownership of the mistake and Twitter was left red faced. The earnings report however did not disappoint.
Here in this article, we will take a closer look at the Twitter stock. The micro-bloging site has been doing well in the past couple of weeks and the analysts now believe the stock to be over priced. We will take a closer look at the earnings report and look more at the news surrounding the TWTR stock.
News on Twitter (NASDAQ TWTR)
Twitter reached 300 million users late last week. This was a big feat for the micro bloging site which is looking to add users quickly. Twitter has tried a lot of things in the recent months so as to attract users on their platform. This number shows just how much Twitter is trying.
Twitter earnings report was leaked early last week. This led to a drop in the stock price and a subsequent halt in the trading of the stock. Selerity was said to be behind the reported leak and as it turns out, investors were rather sad about the whole subject.
Twitter (NASDAQ TWTR) Business News
Twitter (NASDAQ TWTR) is a very exciting stock at this moment of time. For the past couple of months, Twitter has defied the more popular analysis and has actually done well in the stock market. The stock has gained ground and stays strong. Stay tuned for more updates.
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