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Twitter Slammed After Q1 Report

By Insider Scoop
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Courtesy of Benzinga.

Twitter Inc (NYSE: TWTR) shares are trading lower by $2.58 (14.6 percent) at $15.17 in Wednesday’s session. Although the company had EPS beat of a nickel, revenues came in light and the company guided revenues much lower for Q2.

It has traded in a tight range considering the volatility in the after-hours and pre-market sessions. So far, it has bottomed ahead of the its low from February 12 ($14.53), only reaching $14.81. It’s now inching its way towards the high for the day of $15.28.

Posted-In: Technicals Intraday Update Movers Trading Ideas

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