dot com bubble anyone?
I think it's more of a knee-jerk reaction. Investors have doing the same thing with Apple for the past couple of years, overreacting to the slightest hint of negative news.
It is a knee-jerk reaction for sure. Their revenue was higher than expected but the problem is that most investors are jumping on board knowing eventually most of twitters revenue will come from ads, and ads only work if you have users. The more users you have the larger the revenue from advertising will be and when investors saw only a small % of user growth they might be worried that a stagnant user base will also mean stagnant advertising profits. The market just doesn't seem to know where to put their money any more.
Folks need to understand something.. You cannot please investors... EVER! if you earn $100 million this quarter they want to know why wasn't it $200 million.
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