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Twitter -8.4% after report of mass suspensions

Published 07/09/2018, 10:57 AM
© Reuters.  Twitter -8.4% after report of mass suspensions
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  • Twitter (NYSE:TWTR) has led S&P downdrafters today, now -8.4%, in its first market action since a late-Friday report that the company is suspending more than a million accounts a day for fakery or spam involvement.
  • That number's high enough to lead to a drop in monthly users when the company issues its Q2 report.
  • Monthly active users were up 3% in Q1, to 336M.
  • The company's set to report before the open on July 27.
  • Now read: Snap Won't Stay Down For Long


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