Press Releases

Bloomberg: Twitter Loss Exceeds Estimates as User Growth Slows

February 5, 2014

Since its November IPO, Twitter’s stock has soared on optimism that sales will grow as the company rolls out new targeting and mobile ad products. “It’s at a ridiculous premium,” said James Gellert, chief executive officer of Rapid Ratings. “The momentum of the stock isn’t based on the current fundamentals of the company. It’s based on the promise of the future business.”

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