Alva Review-Courier -

Bad week in social media gets worse; Twitter hammered

 


NEW YORK (AP) — Cracking down on hate, abuse and online trolls is also hurting Twitter's standing with investors.

The company's stock plunged Friday after it reported a decline in its monthly users and warned that the number could fall further in the coming months. The 20.5 percent plunge comes one day after Facebook lost 19 percent of its value in a single day.

Twitter says it's putting the long-term stability of its platform above user growth. That leaves investors seemingly unable to value what the biggest companies in the sector, which rely on their potential user reach, are worth.

Tw...



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