Twitter shares plunged below IPO levels Wednesday on the back of weak first-quarter user growth. The move brought many other online-based stocks deep into the red.
The once-highflying, momentum-fueled social media stocks are coming back to earth in a big way Wednesday, led by Twitter's 11% plunge on worries about weak user growth. It's been a rough April and 2014 for most of these names, many of which enjoyed triple-digit percent gains last year:
Social Media Stocks Slide