They lost 50% of their traffic (likely users) and afaik have never been profitable. If the market reflects reality their stock would have collapsed.
It's almost as if the market is rigged and manipulated.
YouTube has never been profitable. Twitter and Facebook make plenty o money. Subscribers don't drive market value. They make money from advertisers and they will be fine.
Just a few years back Twitter had never turned a profit and looked like they had no ability to do so. Last I looked, they had lost 1.5 BILLION and a continued increase in operating overhead.
Is somehow doubt they turned that around in a few years. Now they've lost 50% of their traffic, which is huge for advertisers. Likely have forced out 50%, or more, of their user base. Again, huge for potential advertisers.
The fact their stock hasn't imploded is proof profitability has nothing to do with Twitter's continued existence.
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