Twitter's Growth Strategy Might Be Paying Off
With the increase of new users, Twitter's stock price is up, and the company is looking to capitalize on a hidden market.
The stability of Twitter and its growth rate have been constantly under question since its IPO last year. The company has since made many changes to its platform, both in terms of infrastructure, user interface and business direction. It seems that Twitter is focused on growth rather than profit. However, with stock prices up and the increase of new users, the company’s growth strategy looks like it’s paying off.
Twitter’s second quarter data caused a stir on Wall Street, as the the numbers beat the expectations of analysts.
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