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By Seung Lee
Another tweak to its business, another drop in share price. On Tuesday, Twitter announced three new features that will add space within its 140-character limit. The social network–microblogging site–live video container will allow users to retweet their own tweets, no longer require putting .@ at the beginning of a tweet in response to another tweet that is to be publicly seen, and attachments of photos and videos will no longer take up space.
And yet, Twitter’s share price fell to $14.10 at the end of the day—a huge drop from January 2014 when share prices peaked at $69.
Twitter is holding its annual shareholders’ meeting on Wednesday, the first under current CEO Jack Dorsey, who took over as interim CEO—then became permanent—one week after last year’s meeting.