Twitter Inc won’t be tweeting after the about the hit the company’s shares took Thursday. Twitter Inc’s shares fell 25 percent bringing the market value down $9.8 million due to a slow down in user progress according to Reuters .
The stock is now at a low $50 after coming down from Wednesday’s close of $65.97. The company hit a high of $74 in December reported by Latin Post .
Investors could have left after Twitter reported a fourth-quarter net loss over $500 million however another higher number at over $400 million in stock payouts to employees and early investors could have caused for others to drop out as well.
During the month of December 2013, Twitter averaged 241 million users about 3.8 percent up from the previous three months.
Not all bad news, Twitter’s Q4 revenue has increased 121 percent of the past year totaling at about $220 million. After Wednesday’s end, Twitter’s shared had risen almost 30 times what was projected for the 2014 sales.
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