The price of Twitter shares narrows after the announcement of a decline in users – Industries – Financenet



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Twitter's share price fell 15.5% to $ 36.26 at the start of the New York Mercantile Exchange trading session

The fall in share price has was triggered by the announcement by the company of the number of active users of the microblogging. decreased from one million to 335 million.

Twitter earned $ 100 million in the second quarter of this year compared to $ 116 million in the second quarter of last year

It has already been reported that the United States the course of the The social media giant's Facebook action saw the fastest decline in the company's history on Thursday, driven by a lower than expected increase in the number of active users of the social network. Facebook's stock price fell 19% at the end of the trading session to $ 176.26, reducing the company's market value by $ 119 billion.

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