Tweets versus Wall Street: analysts fear for Twitter in the battle for advertising
by Charles Arthur from Technology | The Guardian on (#88YR)
The social network's results and revenues are failing to impress investors - especially when compared with Facebook's and Google's
Good news travels fast, but bad news even faster - especially if it's the release of lacklustre results from Twitter. That's what happened on Tuesday last week when, through no fault of the company's, its first-quarter earnings appeared on its website for just 45 seconds, but an hour before their scheduled release.
Twitter's shares began falling within seconds of the release being spotted, bumping down 7% from the day's start, and after the official release of the figures, kept going down, falling more than 18% on the day.
It's a valuable and interesting company; getting $1bn of advertising per year is quite an achievement by any standards
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