Twitter ipo
Twitter begins discussions to explore a sale, says source
The social media company has been grappling with its slowest revenue growth since going public in 2013.
Twitter is working on a new product that will allow users to share tweets longer than 140 characters.
Some also wondered whether Twitter, with its 300 million users, could be takeover target.
Robert Hannigan said the networks were in denial about their role as networks of choice for terrorists.
The company also projected fourth-quarter revenue that may miss Wall Street’s targets.
Analyst said market sentiment would eventually shift away from users toward revenue growth.
The company’s stock fell nearly 10 percent to below its post-initial public offering low of $38,80.
Shares in King Digital Entertainment Plc. fell as much as 16 percent on their Wednesday debut.
The micro-blogging site’s shares fell almost 25 percent, wiping out about $9.8b in market value.
There are dimming hopes that the social media phenomenon can sustain its torrid pace of expansion.
Small-and medium-sized firms in the UK, Ireland and Canada will be able to buy 'promoted' ads.
The microblogging site’s shares soared on debut on the New York Stock Exchange.
Twitter is set to trade on the New York Stock Exchange on Thursday under the ticker TWTR.
The move signals strong demand for the most closely watched Silicon Valley debut since Facebook.