Twitter reported its third quarter earnings today, and despite a robust financial performance, the company's stock continues to struggle. Twitter's booked $361 million in revenue over the last three months, more than double what it did for the same period in 2013. It also hit its marks on profit, with $7 million in profits, exactly what investors were expecting. But the stock is down more than 10 percent in after hours trading, as investors flee a stock that hasn't shown the upside they were looking for in a young, high-flying social network.
via The Verge - All Posts http://ift.tt/1wE4H4C
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