Twitter’s stock closed below $20 a share for the first time in its history, highlighting a tough road ahead for newly anointed CEO Jack Dorsey.

The news comes just three days after Dorsey announced the social network was exploring the idea of moving beyond its 140-character limited Tweets.

Trading on the New York Stock Exchange left Twitter down by 1.38 per cent for the day, and has continued falling in after-hours trading.

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