'Investors should brace themselves:' What Wall Street is saying after Twitter's weak earnings
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The company on Tuesday reported second-quarter results which showed that revenue growth continued to slow. Revenue rose 20% year-over-year to $602 million, down from a 60% pace in the same period last year.
Also, monthly user growth remained slow.
The company's shares plunged 11% after these results, and several Wall Street analysts recommended that investors proceed with caution.
Following Verizon's $5 billion acquisition of Yahoo earlier this week, and Microsoft's purchase of LinkedIn in June, there's speculation that Twitter could be the next takeover target. However, CEO Jack Dorsey said the company would rather grow on its own.
Here's what analysts said:
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