Shares of Twitter Inc. posted sharp losses this week in the wake of its quarterly earnings, putting the stock on course for its biggest weekly drop since early May. Twitter on Wednesday reported above-estimate second-quarter earnings and a robust rise in revenue but shares have been pummeled by investors disappointed over the company’s inability to better grow users. Shares of the microblogging company are off 1.2% to $31.07, for a weekly loss of 12% with slightly over an hour until the closing bell. At its current pace, the stock is poised for its biggest weekly fall since early May when the company’s first-quarter results sparked a big selloff in shares.
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