Posted inNation

Turning headlines into cash, the white whale for Twitter

The social media website expects between $75 million and $95 million in adjusted earnings this quarter before interest, taxes, depreciation and amortization. That’s a far cry from the $191 million that Wall Street had been expecting, according to a survey of industry analysts by FactSet, and investors scrambled to get out of the way of the falling stock even before markets opened

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