‘Ungood’: Analysts show infinite disappointment with lame Twitter profits


For six months, Twitter has worked to build up investor confidence and move past its tumultuous first year as a public company by speeding up its pace of introducing new products and stressing the vast reach it has beyond users who log in to its site and apps.

Much of that goodwill was lost in the few seconds it took for one random account to tweet out 59 characters leaking Twitter’s dismal revenue numbers for the most recent quarter.

The social networking company’s stock plummeted 18% in late trading Tuesday and fell another 5% in early trading Wednesday, not so much because the numbers were leaked, but because the …

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Via: Mashable: Business

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