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Twitter's slipping user growth spooks investors

2014-02-07 14:05:47| InfoWorld: Top News

Twitter Wednesday reported that fourth quarter sales more than doubled over the past year, but the company nevertheless spooked investors by acknowledging a slowdown in new user growth and in user engagement. The day after Twitter's first financial report since becoming a public company, its share price went from closing at $65.97 on Wednesday to $50.03 on Thursday.

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