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Twitter shares tank 13%

April 27, 2016

Via: CNN
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Twitter’s stock fell more than 10% after it reported bringing in less revenue than expected and slashed its sales forecast.

The company added 5 million users in the first quarter, but it wasn’t enough to ease investors’ concerns about its ability to make money on its platform.

For the first three months of the year, Twitter brought in $595 million in revenue, while investors were expecting $608 million.

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