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Why Twitter Stock Lost 18% in November

Why Twitter Stock Lost 18% in November

Shares of Twitter (NYSE: TWTR) pulled back last month as the social media company got swept up in a broader sell-off of growth stocks and traders reacted poorly to news that Jack Dorsey was stepping down as its CEO. According to data from S&P Global Market Intelligence, Twitter stock finished November down 18%. There was little direct news out on Twitter for most of the month, but investors in November were reacting to the disappointing earnings report it delivered at the end of October.