Ron Burgundy Posted April 30, 2014 Share Posted April 30, 2014 Twitter Inc's slowing user growth has revived concerns about the microblogging service's prospects of one day matching Facebook Inc's 1.2 billion users, prompting at least 16 analysts to cut their target price on the stock. Twitter's shares, which have shed about a third of their value since the beginning of the year, opened down 11 percent at $37.80 on Wednesday, making it one of the top percentage losers on the New York Stock Exchange. Twitter has divided Wall Street into two broad camps: those who consider it an overvalued company with fading potential, and those who believe it to be a phenomenon capable of matching Facebook's growth. Twitter also raised concerns by saying its 255 million monthly users appeared to be checking the service less frequently than a year ago. View the full article Quote Link to comment Share on other sites More sharing options...
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