Twitter which was founded in March 2006 by Jack Dorsey, Evan Williams, Biz Stone and Naoh Glass has once again failed to hit their earning hopes and wall street predictions. This has come as no surprise to many due to the fact it’s the least used social platform, ads are better spent on Facebook, Apple's new privacy laws and TikTok taking users from them and all other social media companies at a rapid pace.

Twitter boasts daily users of 211 Million which is up 13 percent in the last year but their Q3 revenue of $1.28Billion missed wall street expectations. Twitter also took a massive hit of $800Million due to a lawsuit settlement which in the end resulted in a Q3 Loss of $537Million.

Courtesy of Finance.Yahoo.com

Before close the stock was trading at $61.43 with 52 week highs of $80.54 and lows of $38.89 it was in a great position for them as a company and for long hold investors. With this bad news we all expected to see pre market sell offs but the opposite has happened with it so far showing a +1.74% increase.

Don’t let this good news fool you. Once the market opens the stock can act incredibly differently with it expected to start free falling down to the $55 mark by top stock marketing experts.