Investors Are Taking a Pause on Twitter and Social Media Stocks

Twitter shares slumped on Friday amid user growth fears.
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Twitter shares (TWTR) - Get Report slumped on Friday amid user growth fears. 

"Our second quarter results reflect the work we're doing to ensure more people get value from Twitter every day," said CEO Jack Dorsey. "We want people to feelsafe freely expressing themselves and have launched new tools to address problem behaviors that distort and distract from the public conversation."

Especially after Wednesday's disappointing Facebook FB results, investors are taking a pause on social media stocks, according to Nick Colas, Co-Founder of DataTrek Research. 

Twitter shares are up 40% since the start of the year.