320 million people access Twitter

YEREVAN, OCTOBER 28, ARMENPRESS. The social network revealed that it added only 4 million more users to a total of 320 million monthly active users, continuing to disappoint investors who are hoping for swift change under new CEO Jack Dorsey. “Armenpress” reports about this, citing cz.com.

Twitter’s stock is down more than 10% in after-hours trading. Shares have been punished especially hard this year as the company struggles to grow its user base and revenue. In the third quarter, Twitter reported a loss of $132 million, or 20 cents per share, on $569 million in revenue, falling short of analysts’ expectations.