Tweet On Thursday, Twitter stock opened at $50 a share, which is down more than 23% of its lowest trading price in the last two months. Wall St. clearly isn’t feeling the tweet. The sudden drop followed Twitter’s fourth quarter earnings report, its first such report since becoming a public company. Shockingly, it had nothing to do with actual revenue, which actually surpassed Wall St. estimates. The drop was due to slow user growth and a decline in engagement. “Expectations were higher for Twitter,” says Arvind Bhatia, an analyst with Sterne Agee. “User growth and engagement are going to be […]
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