“Twitter stock tumbles 20% after company says advertising bugs weighing on earnings”
October 24, 2019
“Twitter Inc. shares were tanking in premarket trading Thursday after bugs in the company’s advertising platform led to misses across the board on its financial metrics, even as user growth proved more rapid than expected.
The stock was off nearly 20% premarket as Twitter TWTR, -17.80% said it was working to solve issues with its advertising platform that impacted targeting… Revenue climbed to $824 million from $758 million, but analysts were expecting $874 million…”