Twitter pulls first quarter guidance due to coronavirus

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Twitter said it expects a GAAP operating loss for the quarter.

The company had predicted between $825 million and $885 million for its first quarter revenue.

Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology in New Delhi on November 12, 2018.on Monday pulled its first quarter guidance due to the growing impact of the COVID-19 pandemic.

 

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Somebody needs to buy out twitter at these levels. Apple? Google?

Why is Twitter cutting down guidance?

It’s great to see the social media economy going broke 😂 I hope Facebook and Instagram and TikTok all go broke 😂 I also hope all influencers go broke 😂 SocialMedia InfluencerMarketing coronavirus

Stock is going to get so cheap I think a takeover is likely by Private Equity or a media/tech company.

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