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Twitter shares, closed at $ 42.95 on Thursday on the New York Stock Exchange, fell 20% on Friday, while Twitter shares based on US social networks fell 20%, while the market value of the company fell by 7 billion.
Thus, the market value of Twitter decreased by $ 26.45 billion from $ 33.29 billion to $ 6 billion by $ 840 million.
The sharp drop in Twitter stocks,
USER NUMBER 1 MILLION REDUCED
According to Twitter's statement Friday morning, a $ 116.5 million loss was recorded in the second quarter of last year, according to the company 's announcement Friday. the company recorded net income of $ 100 million during the same period of the year.
In addition, in the period from June-July, compared with the same period last year, rose 24 percent to 711 million dollars rose. However, the balance sheet data show that the total number of monthly users of Twitter, which was 336 million worldwide in the first quarter of this year, reached $ 574 million in the second quarter of the year. ;year.
While this decline came from the United States, the number of average monthly users in the country rose from 69 million to 68 million over the same period.
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