Twitter's stock plunges nearly 21 percent after it reports a decline in users
by James F. Peltz, Los Angeles Times
Jul 27, 2018
2 minutes
Twitter Inc.'s stock plunged nearly 21 percent on Friday after the social-media company said its average monthly users fell in the second quarter and would decline further this year as Twitter removes fake and abusive accounts.
The stock fell $8.82 to $34.12 a share, erasing $6.6 billion of Twitter's overall stock-market
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