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Twitter Stock Plunges After Revenue Misses EstimatesThe Daily MailApr. 27, 2016 |
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 Twitter reported lower-than-expected revenue for the first quarter, hurt by weaker than expected spending by big advertisers, and the microblogging service forecast current-quarter revenue well below analysts' expectations. Twitter shares plunged 12.3 percent to $15.58 in extended trading on Tuesday. Twitter's user base grew modestly to 310 million monthly active users in the quarter ended March 31 from 305 million in the fourth quarter, above analysts' expectations. Yet investors were disappointed by Twitter's revenue miss since outlining a turnaround plan. 'It's obvious Twitter is having trouble,' said Arvind Bhatia, analyst with CRT Capital. Read More 
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