Article 13JC5 Twitter share price nosedives on news it is losing users

Twitter share price nosedives on news it is losing users

by
Sam Thielman
from Technology | The Guardian on (#13JC5)

Price of stock falls 13% in after-hours trading after hitting an all-time low earlier this week on news its number of monthly users has stopped growing entirely

Twitter lost users in the last three months, the company said on Wednesday, and the news sent share prices into a nosedive.

Co-founder Jack Dorsey returned to lead the company last year and has shaken management to its core, laid off staff and instituted numerous changes to the service. So far his plans do not appear to be taking flight.

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