2019-04-24 00:33:32

Twitter shares lift off as profits soar; Trump weighs inTwitter shares flew higher Tuesday after a surprisingly robust quarterly report, which sparked a fresh tirade from President Donald Trump over his claims of unfair treatment by social media. The first-quarter report showed a profit of $191 million, compared with $61 million a year earlier, while revenues increased 18 percent to $787 million for the short messaging platform. Twitter shares soared 15.6 percent to close at a nine-month high of $39.76 after the update from the short messaging platform, showing gains in advertising revenue and some signs that its user base is growing.


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