Twitter Analysts Don’t See Quick Rebound as Stock Dives 20%
▻https://www.bloomberg.com/news/articles/2019-10-24/twitter-analysts-don-t-see-quick-rebound-as-stock-dives-20
Twitter Inc. shares plummeted on Thursday, after the social-media company reported third-quarter results that came in well below expectations and gave an outlook that was seen as weak. The stock shed as much as 20%, erasing more than $4.5 billion from the company’s valuation. Thursday was the biggest one-day percentage loss for the stock since July 2018, and the sell-off took shares to their lowest level since March. The “share price may continue to be under pressure as revenue headwinds (...)