Twitter's stock price tumble continues

Twitter shares are down again.

The stock fell by up to 3.5% in trading on Friday.

On Thursday, after its weak first quarter earnings results leaked, the stock was halted and then fell by as much as 22% when trading resumed.

On Friday, shares sank lower, to as low as $US37.40 a piece — a three-month low.

In the first quarter, Twitter earned $US436 million in revenues, missing expectations for $US456 million. Foreign exchange impacts took 6% from annual revenue growth.

Adjusted earnings came in at $US0.07, better than the $US0.04 that had been expected.

Twitter’s second-quarter forecasts for revenues of $US470-$US485 million let down investors, who had been expecting $US538.1 million.

This chart shows the slide since Tuesday.

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