Bad Start to a Big Earnings Week for the Social Media ETF
October 28, 2014 at 07:45 AM EDT
Shares of Twitter (NYSE: TWTR) tumbled more than 10% during Monday’s after-hours session after the company reported slack third-quarter user growth. Twitter reported a third-quarter loss of $175 million, or 29 cents per share, compared with a loss of $64.6 million, or 48 cents per share, a year...