Despite reporting better-than-expected Q1 earnings after the closing bell Tuesday, Twitter Inc TWTR has plummeted more than 15 percent Wednesday.
Negatives from the print included weak revenue for the quarter and a downbeat revenue forecast for Q2.
Positives, however, included EBITDA and MAUs for the quarter ahead of expectations.
Voices From The Street
Bank Of America: Benzinga's Top Downgrades, BoA Downgrades Twitter
Barclays: Questioning Twitter's Ability To Grow New Users
Goldman Sachs: Keeping Buy Rating On Twitter, Sets $22 Price Target
JPMorgan: Downgrades Twitter, But Still Bullish On Its Use Case
Pacific Crest: Twitter's Macro Commentary Is The Real Worry (Especially After Yahoo's Comments)
SunTrust Robinson Humphrey: Increased Risks For Twitter May Already Be Baked Into Shares
At time of writing, Twitter was down 15.83 percent on the day, trading at $14.93.
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