Twitter’s stock price has tumbled over 18 percent after Selerity, a little-known financial tech startup—using a bot that scans financial results-related URLs—published the company’s quarterly results before Twitter announced them officially on Tuesday. The company’s stock price ended the day at $42.27 per share.
Today’s $TWTR earnings release was sourced from Twitter’s Investor Relations website https://t.co/QD6138euja. No leak. No hack.
— Selerity (@Selerity) April 28, 2015
Selerity did not immediately respond to Ars’ request for comment.
The San Francisco social network giant lost over $162 million in the first quarter of 2015, about $30 million more than it lost during the same period in 2014.
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