Wednesday, July 30, 2014
Twitter Stock Surge Sparked by Earnings; Uptick in Growth Rate of Users
Twitter’s user base is growing at a steady pace as its second-quarter revenue topped analysts’ estimates, sending its shares soaring more than 20 percent. Estimize CEO Leigh Drogan and Bloomberg's Cory Johnson take a look at the numbers on "Street Smart." (Source: Bloomberg)
Sequentially, Twitter's users continue to grow (124% increase). There are about 211 million users on mobile -- the app-installed mobile market.
The effect of media is happening in Twitter, according to Bloomberg's Cory Johnson.
Published 5:29 AM