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Twitter Tumbles Most in More Than a Year on Disappointing Earnings

Twitter Tumbles Most in More Than a Year on Disappointing Earnings

Assessment

Interactive Video

Business, Social Studies

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses a significant market plunge, marking the worst day in a year, following a poor third quarter performance by Twitter. The company missed earnings and sales targets, and privacy issues further impacted revenue. Despite adding 6 million daily active users, the revenue numbers continue to decline, highlighting a disconnect between user growth and financial performance.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage drop in Twitter's adjusted earnings in the third quarter?

20%

16%

10%

25%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did Twitter's sales miss by in the third quarter?

4%

5%

6%

7%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the reasons for the decline in Twitter's revenue?

Increased advertising costs

Technical glitches

Privacy issues

New competitor in the market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what percentage did the removal of certain technology settings affect Twitter's revenue?

2%

3%

1%

4%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many daily active users did Twitter add, according to the report?

5 million

7 million

4 million

6 million

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