Twitter stock fell 4 percent Thursday, finishing the session at $23.31, the lowest the stock has ever closed. Yahoo Finance lists the stock’s 52-week low at $21.01, but that was during intra-day trading back in August (the stock closed at $25.17 that day).
The stock market was crummy in general on Thursday. But it has also been a tough quarter for Twitter, which has dropped 11 percent since Jack Dorsey was named CEO back in early October. Twitter announced last week that it would finally start showing ads to its logged-out audience, which created a nice stock spike, but it’s clear that investors are looking for more.
This article originally appeared on Recode.net.