Twitter’s stock soars toward 2 1/2-year high; no news released

Stocks of Twitter Inc. TWTR, +eight.39% soared 7.7% in lively afternoon industry Tuesday, placing them on course to near at a 2 1/2-year top, to increase good points made after the corporate reported blowout effects remaining week. Quantity crowned 46.6 million stocks, when put next with the full-day reasonable of about 33.2 million stocks, in step with FactSet. The social media corporate didn’t unlock any information Tuesday, or factor any filings with the Securities and Alternate Fee. The corporate didn’t in an instant reply to a request for remark. The inventory has now rocketed 24% since Twitter reported sooner than the Feb. eight open fourth-quarter profits and income that beat expectancies. It used to be on course for the absolute best shut since July 28, 2015. It has greater than doubled during the last 12 months, whilst the S&P 500 SPX, +zero.43% has won 14%.

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