Someone at Twitter Investor Relations is in the birdhouse — er, doghouse this morning.
On Tuesday, about an hour before the end of the trading day in the U.S., Twitter evidently leaked its own lackluster first quarter 2015 financial results by accident. Self-described “financial intelligence platform” Selerity discovered the blunder and (ironically) tweeted out the results around 3:08 p.m. ET, causing a big, expensive problem for the 140-character company.
Immediately after the early share, the stock started a hard fall (pictured above) — probably harder than its actual financials warranted, CityIndex Senior Market Analyst Ken Odeluga told TheWrap.