Twitter next to be spanked by Wall Street; company loses 18% in valuation on Friday (UPDATE)
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- 2018.07.28. 06:00
The day after Facebook dropped 18% removing close to $120 billion from its valuation, Wall Street turned to Twitter. The latter's shares declined over 18% on Friday afternoon, and once again the culprit was future earnings expectations. After the market closed on Thursday, the company reported second quarter earnings of 17 cents a share, matching Wall Street estimates. Revenue, at $711 million, beat by $15 million the number expected by analysts. Still, it was not enough to stave off disaster.
The number of monthly active users on Twitter during the second quarter ...
원문출처 : https://www.phonearena.com/news/Twitter-next-to-be-spanked-by-Wall-Street-company-loses-18-in-valuation-on-Friday-UPDATE_id107152
원문출처 : https://www.phonearena.com/news/Twitter-next-to-be-spanked-by-Wall-Street-company-loses-18-in-valuation-on-Friday-UPDATE_id107152
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