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Twitter shares plunge as user growth slows – Fox Business

Twitter had 187 million daily users, on average, in the third quarter, but below analysts’ expectations of 195.6 million.

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Twitter posted much stronger than expected third-quarter results thanks to surging advertiser demand, however profit slipped and daily users came in lower than analysts expected.
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That sent shares plunging 15 percent in after-hours trading. The stock had closed up $3.92, or 8.1%, at $52.43.

TickerSecurityLastChangeChange %
TWTRTWITTER INC.52.43+3.90+8.04%

The San Francisco company earned $28.66 million, or 4 cents per share, in the July-September period….

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