Twitter shares surge as Trump accuses it of 'political games'
Social media platform's revenues up 18% as president criticises its treatment of him
Twitter has reported better-than-expected financial results, sending its shares surging, as Donald Trump accused the social media platform of "playing political games".
Revenues for the first quarter climbed by 18% to $787m (605m), beating Wall Street forecasts of $776m. Revenues were boosted by ad sales that also rose 18%, to $679m. Its shares jumped nearly 13% to $38.81. A year ago, they were changing hands at $31.22.
"The best thing ever to happen to Twitter is Donald Trump." @MariaBartiromo So true, but they don't treat me well as a Republican. Very discriminatory, hard for people to sign on. Constantly taking people off list. Big complaints from many people. Different names-over 100 M.....
.....But should be much higher than that if Twitter wasn't playing their political games. No wonder Congress wants to get involved - and they should. Must be more, and fairer, companies to get out the WORD!
Continue reading...