Twitter stock hit by slow growth

Twitter’s slowing user growth pushed the stock to the lowest since last year’s market debut.

The company said yesterday membership in the first quarter reached 255 million, with year-over-year growth decelerating to 25% from 30% in the previous period.

The stock plunged as much as 14% in trading, even as sales more than doubled to $250 million (€180m), topping analysts’ estimates.