Twitter crashed by 10% due to a disappointing forecast
Twitter share went down yesterday by more than 10% after-hours trading on Wall Street, after the social media company provided disappointing revenue forecast for the current quarter.
The Company expects to record in the third quarter a revenues of 590-610 million, far less than the analysts who estimated revenues of $ 690 million.
McDonald’s shares fell by 4.5% after the fast-food chain reported on a quarterly revenue and profits are lower than expected.