On April 28, 2015, Twitter announced its first quarter 2015 financial results and its projections for the second quarter of 2015, with an estimated second quarter revenue between $470 million to $485 million. Twitter also reduced its full year 2015 revenue forecast from a previous guidance of $2.30 billion to $2.35 billion to $2.17 billion and $2.27 billion. Following this news, Twitter stock dropped $9.39 per share, or 18.18%, to close at $42.27 on April 28, 2015. Later, on July 28, 2015, post-market, Twitter announced its second quarter 2015 financial results and projections for the third quarter of 2015, estimating revenue between $545 million to $560 million. Twitter also projecting revenue for 2015 full year in the range of $2.20 billion to $2.27 billion. Following this news, Twitter stock dropped $5.30 per share, or 14.51%, close at $31.24 on July 29, 2015
If you are aware of any facts relating to this investigation, or purchased shares of Twitter, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/twtr. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484 or via email firstname.lastname@example.org. Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.
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Bronstein, Gewirtz & Grossman, LLC
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