Twitter shares tumble as social network predicts hard road ahead

April 26, 2016 8:33 PM

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Twitter shares tumble as social network predicts hard road ahead

Twitter showed modest growth in the number of active users on the social network Tuesday, but a gloomy forecast and revenues that missed Wall Street expectations sent the shares tumbling in after-hours trading.

The growth in users, which reversed a decline in the previous quarter, was a rare positive for the ailing company. But less than stellar predictions for advertising revenue over the coming months showed just how far Twitter has to go. The stock plunged more than 10 percent when its earnings report c...

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