Twitter warns fake account purge to keep erasing users, shares drop 19 percent

www.reuters.com

Twitter lost 1 million users in the past quarter, the company said today as part of its earnings report, though at least some of that seems to be tied to efforts to remove bad actors from the platform. This is a good thing, but the stock tumbled anyway:

Twitter shares tumbled 19 percent to $34.75 in afternoon trading, marking their biggest one-day drop since Oct. 6, 2016.

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