Twitter’s Plunge

Almost all companies report their earnings before or after the market’s bell. Very few report during trading.

Yesterday, somehow, Twitter’s earnings were released before the closing bell. The results were bad and the stock plunged. You really can’t beat the market for spreading information, good or bad.

The exchange quickly halted trading in the stock but the damage had been done. The stock opened up for normal trading this morning.


The Nasdaq has said the mistake was their fault. Ironically, the bad results were spread around the world thanks to…Twitter.

Posted by on April 29th, 2015 at 10:41 am

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.