Twitter Inc TWTR could move more than 9 percent following its first-quarter earnings report later Tuesday, a strategist told Benzinga.
JJ Kinahan, chief strategist of TD Ameritrade, made the prediction based on recent activity in the options market.
"The options are getting ready for a movement, whereas the stock seems like it's stuck in the mud," Kinahan said.
Twitter shares are up about 2 percent in the past month and changed hands recently at $51.06, down $0.60.
Related Link: Everything Wall Street Has Said About Twitter This Week
Wall Street expects Twitter to post first-quarter earnings of $0.04 a share, on revenue of $456.82 million.
The San Francisco-based social media company has beaten Wall Street's estimates in three of the past four quarters.
A post-earnings move of 9.5 percent would be the smallest in a year, according to a report Tuesday in The Wall Street Journal.
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