Wall Street punished Twitter today despite a strong earnings report yesterday. Investors appeared more concern with new numbers that showed slowing growth for the social network. At one point the market valued Twitter at its lowest point ever $3724. Twitter stock closed Wednesday at $38.97, down $3.65 or -8.56%.
Twitter now has 255 million monthly active users, 198 million of which are also active mobile users. The company generated $250 million in revenues, the vast majority of that coming from mobile ads.