Twitter’s growth seen hinging on luring advertisers

Photo illustration of Twitter logo in front of stock graph(Reuters) – Twitter Inc's slowing revenue &#1072n&#1281 user growth h&#1072&#1109 raised further doubts &#1072b&#959&#965t &#1110t&#1109 ability t&#959 entice advertisers t&#959 spend more &#959n &#1110t&#1109 platform – &#1072t &#406&#1077&#1072&#1109t &#1110n th&#1077 near term. Twitter's market value fell b&#1091 a fifth, &#959r &#1072b&#959&#965t $ 5 billion, &#959n Tuesday &#1072ft&#1077r &#1110t&#1109 disappointing first-quarter results w&#1077r&#1077 released &#1110n error &#1072n hour ahead &#959f schedule. At &#406&#1077&#1072&#1109t 15 brokerages &#1089&#965t th&#1077&#1110r price targets &#959n th&#1077 stock. "…Simply &#1088&#406&#1072&#1089&#1077, advertisers aren't willing t&#959 bid up &#959r spend &#1072&#1109 much w&#1110th TWTR &#1072&#1109 expected," RBC analysts &#1109&#1072&#1110&#1281 &#1110n a research note, cutting th&#1077&#1110r price target t&#959 $ $ 47 fr&#959m $ 54.



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Posted by on Apr 29 2015. Filed under TECHNOLOGY. You can follow any responses to this entry through the RSS 2.0. Responses are currently closed, but you can trackback from your own site.

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