Who would have thought a social network announcing that it had topped 250 million active users would be seen as such bad news?
On Tuesday afternoon, Twitter revealed that it had 255 million monthly active users in the first three months of this year, an increase of 14 million users from the previous quarter and a gain of more than 50 million users from the same quarter a year earlier. While that might sound like a lot in the aggregate, user growth measured on a year-over-year basis continues to slow.
Wall Street responded to what was otherwise a pretty positive earnings report by sending the stock down more than 10% overnight to its lowest trading price since going public in November. The media responded with more than a few headlines that might keep some Twitter executives up at night: Read more…
via Mashable http://ift.tt/R4Ku5y