NEW YORK, Sept. 16, 2016 /PRNewswire/ -- Attorney
Advertising -- Bronstein, Gewirtz & Grossman, LLC is
investigating potential claims on behalf of purchasers of the
securities of Twitter, Inc. ("Twitter" or the "Company") (NYSE:
TWTR). Such investors are advised to contact Peretz Bronstein or his investor relations
analyst Yael Hurwitz at
info@bgandg.com or 212-697-6484.
The investigation concerns whether Twitter and certain of its
officers and/or directors have violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934.
On April 28, 2015, Twitter
announced its first quarter 2015 financial results and its
projections for the second quarter of 2015, with an estimated
second quarter revenue between $470 million
to $485 million. Twitter also reduced its full year
2015 revenue forecast from a previous guidance of $2.30 billion to $2.35 billion to $2.17 billion and $2.27
billion. Following this news, Twitter stock dropped
$9.39 per share, or 18.18%, to close
at $42.27 on April 28, 2015. Later, on July 28, 2015, post-market, Twitter announced its
second quarter 2015 financial results and projections for the third
quarter of 2015, estimating revenue between $545 million to $560 million. Twitter also
projecting revenue for 2015 full year in the range of $2.20 billion to $2.27 billion. Following
this news, Twitter stock dropped $5.30 per share, or 14.51%, close at $31.24 on July 29,
2015
If you are aware of any facts relating to this investigation, or
purchased shares of Twitter, you can assist this investigation by
visiting the firm's site: http://www.bgandg.com/twtr. You can also
contact Peretz Bronstein or his
Investor Relations Analyst, Yael
Hurwitz of Bronstein, Gewirtz & Grossman, LLC:
212-697-6484 or via email info@bgandg.com. Those who inquire
by e-mail are encouraged to include their mailing address, email
and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation
boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to
representing institutions and other investor plaintiffs in class
action security litigation, the firm's expertise includes general
corporate and commercial litigation, as well as securities
arbitration. Attorney advertising. Prior results do not
guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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