Twitter added record monetizable daily users in the second quarter, but as DoubleLJSquared explains, a growing platform could be all the more vulnerable to risks. WSJWhatsNow
Everyone is flocking to Twitter, it seems. Except those the platform needs most.
The social media company’s second quarter results on Thursday were yet another mixed bag—the kind that looks initially attractive but disappoints the deeper one digs. While the company said the number of users that can view ads on its platform saw record growth in the quarter, revenue from those ads plummeted amid the pandemic. Twitter shares, up 68% off their year-to-date low as of Wednesday’s close, rose another 4% in trading on Thursday following...
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