Twitter shares slump as revenues dip and costs rise
https://www.theguardian.com/technology/2019/oct/24/twitter-shares-slump-as-revenues-dip-and-costs-rise
Social media platform reports ‘headwinds’ as near-20% hike in costs dents profits
Twitter shares slumped in pre-market trading after the social network reported lower than expected revenues and higher costs and said it expected revenue “headwinds” to continue to drag on profits.
Twitter shares slump as revenues dip and costs rise
Oct 24, 2019, 1:29pm UTC
https://www.theguardian.com/technology/2019/oct/24/twitter-shares-slump-as-revenues-dip-and-costs-rise
> Social media platform reports ‘headwinds’ as near-20% hike in costs dents profits
> Twitter shares slumped in pre-market trading after the social network reported lower than expected revenues and higher costs and said it expected revenue “headwinds” to continue to drag on profits.