Twitter Stock Rallies a Ridiculous 16% – Here’s Why You Should Sell

2019-4-24 22:31

By CCN: Twitter stock (TWTR) surged 16% Tuesday on mammoth first-quarter earnings and massive user growth. The company posted $191 million in net income or 25 cents a share. That’s a 213% increase from the $61 million in net income the company achieved in Q1 2018.

The platform also saw a tsunami of new monthly active users (MAUs) since January. With 9 million new users over the period, Twitter destroyed expectations of a 4 million MAU decline. This is the last time Twitter will be reporting its monthly active user base for the quarter. From now on, the social media

The post Twitter Stock Rallies a Ridiculous 16% – Here’s Why You Should Sell appeared first on CCN

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