Twitter Shares Slide As Company Faces $250 Million FTC Fine Tyler Durden Mon, 08/03/2020 - 18:13 Twitter shares shed more than 3% of their value in after-hours trading Monday evening when the company revealed in its 10-Q, filed Monday afternoon, that it had set aside between $150 and $250 million for a FTC fine allegedly over violations of a 2011 agreement to respect users' data privacy. A Twitter spokesperson told the Verge that the company only received word of the violation and potential fine on July 28, which is why it wasn't included in its Q2 earnings report. It's just the latest piece of bad news for twitter, which is still reeling from last month's embarrassing bitcoin hack. We just recently learned that this attack was orchestrated by a 17-year-old from - where else? - Tampa, Florida.