Twitter Inc ()
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Top Movers
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Twitter (TWTR.US) was delisted effective 28/10/2022
Twitter is a San Francisco-based social media company that allows users to post items in bursts of 280 characters or less, called "tweets." The company was co-founded by CEO Jack Dorsey, who also founded and is CEO of Square, the financial technology company.[1]
Twitter, whose ticker symbol is TWTR, gets most of its revenue from advertising. The company reported a net loss of US$1.1 billion for full-year 2020, compared to net profit of US$1.5 billion in 2019. This was largely due to a 19% increase in expenses, as revenue rose to US$3.7 billion from US$3.5 billion. The company's main metric for measuring daily usage on its platform, "monetizable daily active usage," (or mDAU), rose to 192 billion in 2020, up from 152 billion in 2019. Most of the company's activity comes from outside the U.S. In 2020, mDAU outside the U.S., was 155 billion, versus 37 billion domestic.[2]
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