Snap Inc

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SNAPCHAT, INC.

Twitter reports slowest quarterly revenue growth, shares slide

Twitter Inc reported its slowest quarterly revenue growth since going public as the company continues to face intense competition from Snap Inc's Snapchat and Facebook Inc's Instagram.

The company's shares fell as much as 10 percent to $16.81 in premarket trading on Feb. 9.

Twitter said its user base increased 4 percent to 319 million average monthly active users.