Home Blockchain News Twitter Stock Rallies a Ridiculous 16% – Here’s Why You Should Sell

Twitter Stock Rallies a Ridiculous 16% – Here’s Why You Should Sell

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By CCN: Twitter stock (TWTR) surged 16% Tuesday on mammoth first-quarter earnings and massive user growth. The company posted $191 million in net income or 25 cents a share. That’s a 213% increase from the $61 million in net income the company achieved in Q1 2018. The platform also saw a tsunami of new monthly active users (MAUs) since January. With 9 million new users over the period, Twitter destroyed expectations of a 4 million MAU decline. This is the last time Twitter will be reporting its monthly active user base for the quarter. From now on, the social media

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* First published on ccn.com

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