Twitter's stock soars toward 2 1/2-year high; no news released [MarketWatch]
Twitter, Inc. (TWTR)
Last twitter, inc. earnings: 4/30 07:00 am
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Source: MarketWatch
Twitter's stock soars toward 2 1/2-year high; no news released Shares of Twitter Inc. TWTR, +8.17% soared 8.3% in active afternoon trade Tuesday, putting them on track to close at a 2 1/2-year high, to extend gains made after the company reported blowout results last week . Volume topped 52.1 million shares, compared with the full-day average of about 33.2 million shares, according to FactSet. The social media company confirmed that it did not release any news Tuesday, or issue any filings with the Securities and Exchange Commission. The stock has now rocketed 24.6% since Twitter reported before the Feb. 8 open fourth-quarter earnings and revenue that beat expectations. It was on track for the highest close since July 28, 2015. The stock has more than doubled (112%) over the past 12 months, while the S&P 500 SPX, +0.25% has gained 14.5%.
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