The loss was $645 million
Twitter first introduced its shares on the Stock Exchange in November 2013. Experts rated the company at $18 billion, BBC news reports.
But just three months later, the company issued a financial statement with information about the losses at $645 mln. In addition, the number of users visiting social networking page is reduced. This is of concern to investors.
In the last quarter of 2013 number of visitors to Twitter increased only by 3.8 % and reached 241 million. Index significantly decreased compared with the year when the number of microblog fans grew by 10%. Now users view other people's pages 7% less than before. On Wednesday, the company's stock fell by 12%.
