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New York – Twitter shares fell 14% on Friday at the opening of Wall Street after the quarterly earnings announcement of the social network, which showed a slight drop in the number of 39; users.
Shortly after the start of deliberations on the New York Stock Exchange The stock rose 14.28% to $ 36.80. [Twitter] Twitter reported profits of $ 100 million in the second quarter after a loss of $ 116 million a year ago, with revenues up 24% to $ 711 million. But the San Francisco-based firm said its monthly active users fell 1 million from the previous quarter to 335 million in a campaign to counter the fake accounts.
Twitter predicted that the number of users would decrease after this quarter.
] Twitter said the decline was due to "give priority to correcting the state of the platform" and to a lesser extent European data protection systems that limit the capacity of companies Internet to process user data
Executive Director Jacques Dorsey confirmed that the results reflect the investment in a "long-term soundtrack" of Twitter, citing efforts to stop inappropriate behavior. Twitter's stock price has risen more than twice in the past year due to sustainable profit indications after years of repeated losses. (AFP)
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