Twitter Inc TWTR shares are trading lower by $0.50 in Tuesday's session. The issue has made a new all time low, surpassing the former one ($14.70), by reaching $14.31 so far in today's session.
It appears no one wants to be long the issue heading into its Q4 report that will be released after the close. The Street estimates stand at an EPS of $0.12 with revenues of $710M.
Any investor still long the issue will be hoping for the company's recetnly formed relationship with Alphabet Inc. GOOGL will bolster this quarter's performance.
Since its last report it has tumbled from its October 27 close ($31.34) to its current level. That beating has taken place despite a double for EPS ($0.10 vs. Est. $0.05) with slightly better revenues.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
