Twitter's stock price tumble continues
May 1, 2015, 22:04 IST
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The stock fell by up to 3.5% in trading on Friday.
On Thursday, after its weak first quarter earnings results leaked, the stock was halted and then fell by as much as 22% when trading resumed.
On Friday, shares sank lower, to as low as $37.40 a piece - a three-month low.
In the first quarter, Twitter earned $436 million in revenues, missing expectations for $456 million. Foreign exchange impacts took 6% from annual revenue growth.
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Adjusted earnings came in at $0.07, better than the $0.04 that had been expected.
Twitter's second-quarter forecasts for revenues of $470-$485 million let down investors, who had been expecting $538.1 million.
This chart shows the slide since Tuesday.
