• Reuters, Thursday, February 6, 2014 11:40 AM

Twitter Inc's shares fell almost 25% on Thursday, wiping out about $9.8 billion in market value, after the company reported a sharp slowdown in user growth. The stock, which debuted at $26 in November, hit a low of $50 in early trading. The shares hit a peak of $74.73 in late December as investors bet that the social media platform could become as ubiquitous as Facebook. Analysts, unlike investors, were divided on the company's outlook a day after it reported fourth-quarter results. Twitter is either the overvalued owner of a niche product or set to give Facebook a run for its money in mobile.

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