Title: Twitter is losing customers and its stock is falling
Headings: Twitter is losing customers and its stock is falling
Twitter is losing customers and its stock is falling
It's hard for the small core of Twitter addicts to accept, but Twitter just isn't popular enough to be successful. In fact, Twitter is losing customers.
Related: Will Twitter dump its 140 character limit?
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Content: Twitter is losing customers and its stock is falling
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Twitter is losing customers and its stock is falling
by David Goldman @DavidGoldmanCNN February 10, 2016: 6:07 PM ET
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It's hard for the small core of Twitter addicts to accept, but Twitter just isn't popular enough to be successful. In fact, Twitter is losing customers. The social media company reported Wednesday that it lost 2 million users in the last three months of 2015. Shares plummeted as much as 12% in after-hours trading. Twitter had 305 million active users by the end of 2015. By contrast, Facebook ( FB) has 1.6 billion. Google ( GOOGL) has eight products with over 1 billion users each. Even Instagram surpassed Twitter in September, growing to 400 million users. Though Twitter ( TWTR) has been able to effectively generate sales from sponsored tweets and partnerships, it's growing at a snail's pace.