Twitter shares take wing on plan for subscription platform

TWITTER. In this file photo taken on July 10, 2019 the Twitter logo is seen on a phone in in Washington, DC. Photo by Alastair Pike/AFP

Shares in the social network were up nearly 7.4% at the close of the New York Stock Exchange, and rose more than a percent more in after-market trades. Twitter swung to an $8 million loss in the 1st quarter of this year as the global pandemic hit, even as revenues edged up 3% to $808 million and its user base increased 24%.

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