Social media platform’s revenues up 18% as president criticises its treatment of him
Twitter has reported better-than-expected financial results, sending its shares surging, as Donald Trump accused the social media platform of “playing political games”.
Revenues for the first quarter climbed by 18% to $787m (£605m), beating Wall Street forecasts of $776m. Revenues were boosted by ad sales that also rose 18%, to $679m. Its shares jumped nearly 13% to $38.81. A year ago, they were changing hands at $31.22.
from Trading Tips http://bit.ly/2Po5YKx