Reason.com - Free Minds and Free Markets
Reason logo Reason logo
  • Latest
  • Magazine
    • Current Issue
    • Archives
    • Subscribe
    • Crossword
  • Video
  • Podcasts
    • All Shows
    • The Reason Roundtable
    • The Reason Interview With Nick Gillespie
    • The Soho Forum Debates
    • Just Asking Questions
    • The Best of Reason Magazine
    • Why We Can't Have Nice Things
  • Volokh
  • Newsletters
  • Donate
    • Donate Online
    • Donate Crypto
    • Ways To Give To Reason Foundation
    • Torchbearer Society
    • Planned Giving
  • Subscribe
    • Reason Plus Subscription
    • Print Subscription
    • Gift Subscriptions
    • Subscriber Support

Login Form

Create new account
Forgot password

Economics

Twitter Shares Dive More Than 20 Percent

Valued at $50.61 each when markets opened this morning

Reason Staff | 2.6.2014 9:50 AM

Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL
Media Contact & Reprint Requests

Shares of Twitter sunk 22% in early trading on Thursday after revealing quarterly results that showed slow user growth.

Although the social network's fourth-quarter report beat Wall Street forecasts, the rate at which Twitter is adding new users has left investors concerned.

After closing at a 52-week high of $73 the day after Christmas, Twitter stock has experienced a steady decline. Twitter shares opened Thursday's markets at $50.61.

For the quarter, the company reports an earnings per share of 2 cents on $243 million in revenue. Analysts had predicted a loss for the quarter.

Start your day with Reason. Get a daily brief of the most important stories and trends every weekday morning when you subscribe to Reason Roundup.

This field is for validation purposes and should be left unchanged.

NEXT: North Korea: Plans For US-South Korea Military Drills Threaten Family Reunions

Reason Staff
EconomicsCultureTwitterSocial MediaFree SpeechTechnology
Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL
Media Contact & Reprint Requests

Show Comments (0)

Latest

In Dangerous Times, Train for Self-Defense

J.D. Tuccille | 6.2.2025 7:00 AM

Welcoming Anti-Trump Liberals to the Free Trade Club

Katherine Mangu-Ward | From the July 2025 issue

Brickbat: Armed, Elderly, and Dangerous

Charles Oliver | 6.2.2025 4:00 AM

How Trump's Tariffs and Immigration Policies Could Make Housing Even More Expensive

M. Nolan Gray | From the July 2025 issue

Photo: Dire Wolf De-extinction

Ronald Bailey | From the July 2025 issue

Recommended

  • About
  • Browse Topics
  • Events
  • Staff
  • Jobs
  • Donate
  • Advertise
  • Subscribe
  • Contact
  • Media
  • Shop
  • Amazon
Reason Facebook@reason on XReason InstagramReason TikTokReason YoutubeApple PodcastsReason on FlipboardReason RSS

© 2024 Reason Foundation | Accessibility | Privacy Policy | Terms Of Use

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

r

Do you care about free minds and free markets? Sign up to get the biggest stories from Reason in your inbox every afternoon.

This field is for validation purposes and should be left unchanged.

This modal will close in 10

Reason Plus

Special Offer!

  • Full digital edition access
  • No ads
  • Commenting privileges

Just $25 per year

Join Today!