Twitter woes deepen as growth sputters; no Trump lift

A 3D printed Twitter logo is seen in front of displayed stock graph in this illustration picture made in Zenica, Bosnia and Herzegovina, February 3, 2016. REUTERS/Dado Ruvic

WASHINGTON: Twitter shares plunged Feb 9 as the social network reported sluggish revenue and user growth – its finances sputtering despite increased prominence from President Donald Trump’s extensive use of the platform. 

Shares sank more than 12% to close at US$16.41 (RM72.95) as investor hopes faded for a revival of growth at the messaging platform, which has lagged behind its rivals in the fast-moving social media sector.