Twitter Q4'18 Earnings - Live Updates
Twitter (TWTR) is down 10% due in part to disappointing Q1 guidance and possibly concerns over the reporting shift from MAUs to mDAUs. The move is personally a good one, but the social-media company would be better off to keep reporting the MAUs, as well.
BTIG slapped together this chart that provides a solid indication of why mDAUs are so important for the company. These mDAUs users have consistently grown at a 10%+ annual clips since Jack Dorsey returned as CEO.
The market tends to over react so one should expect these moves to reverse over the course of the next quarter.
Disclosure: Long TWTR. Please review the disclaimer page for more details.