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Twitter, Inc. (TWTR) operates as a platform for public self-expression and conversation in real time.
The company offers various products and services, including Twitter, a platform that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others.
It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends, which enable its advertisers to promote their brands, products, and services.
In addition, the company offers a set of tools, public APIs, and embeddable widgets for developers to contribute their content to its platform, syndicate and distribute Twitter content across their properties, and enhance their Websites and applications with Twitter content.
Further, it provides subscription access to its public data feed for data partners. The company operates in the United States and internationally.
Shares have formed a bullish "flag" and are expected to move higher from this formation. On April 24th, Twitter (TWTR) reported 1st Quarter March 2019 earnings of $0.24 per share on revenue of $786.9 million. The consensus earnings estimate was $0.15 per share on revenue of $774.9 million.
The company said it expects second quarter revenue of $770.0 million to $830.0 million. The current consensus revenue estimate is $821.0 million for the quarter ending June 30, 2019.
Entry Point; $39.00
Stop Loss: $37.05
Trading Range: $26.19 - $47.79
Target Price: $42.90
TWTR closed at $43.00
