This Wednesday Twitter has plummeted 18 percent at the close of the session of the stock market at the close and the reason could be a leak made to the market about the report of the results of the first quarter. This Wednesday Twitter has plummeted 18 percent at the close of the session of the stock market Tunisia Mobile Database at the close and the reason could be a leak made to the market about the report of the results of the first quarter.
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As a consequence of this alleged leak, their titles have been suspended for several minutes due to the fact that they presented a fall of 5.79 percent, since the information that would have leaked predicted worse results than expected. Subsequently, the securities have been listed again, having lost up to 24 percent of their value.
Additionally, this tip off has led the microblogging network to disclose relevant data for the market, in an official statement showing its total income in the first fiscal quarter Brother Cell Phone List, which has reached 435 million dollars. Which would represent a lower figure, somewhat lower than expected, estimated between 440 and 450 million dollars.
The reasons to justify this decline in profits, according to the company, would be fluctuations in exchange rates and the weak growth in monthly users. Although by the end of 2015, Twitter is expected to have revenues of between 2.170 and 2.270 million dollars. A lower amount than the initial forecast, which raised revenues of between 2.300 and 2.350 million dollars.