Actionable news
All posts from Actionable news
Actionable news in TWTR: TWITTER Inc,

Twitter (TWTR) Stock Plunges, Revenue Guidance Disappoints, Jim Cramer’s View

NEW YORK (TheStreet) -- Twitter (TWTR - Get Report) stock is retreating 10.15% to $28.16 in early morning trading on Wednesday after the company announced after yesterday's market close its revenue outlook for the 2015 fourth quarter that fell short of consensus.

The micro-blogging website expects its revenue to be between $695 million to $710 million for the fourth quarter, falling below analysts' estimates of $739.69 million.

TheStreet's Jim Cramer, portfolio manager of the Action Alerts PLUS charitable trust portfolio, and Jack Mohr, research director, had this to say about the guidance in a Real Money Pro post:

Exclusive Look Inside: You see Jim Cramer on TV. Now, see where he invests his money. Check out his...