Twitter plummets 14% premarket after earnings

Friday, 30. October 2020 11:43

Twitter dropped over 14% in premarket trade on Friday following an underwhelming increase in monthly daily average users in its earnings report. Other tech giants traded in the red premarket as well. Apple Inc., Amazon.com Inc. and Facebook Inc. all went down before the opening bell following their earnings.

Twitter traded 14.08% lower at 6:40 am ET, selling for $52.43. Apple dipped 4% and went for $115.32 at 6:41 am ET. Facebook lost 2.08% to sell for $280.83 at 6:42 am ET, and Amazon was 1.30% lower and traded for $3,211.01 at the same time.

Related Links: Facebook Inc.Apple Inc.Twitter Inc.
Author:
Breaking the News / DJ