Twitter Having Best Day Since Early October
Twitter Inc (NYSE: TWTR) shares are trading higher by $1.47 at $25.78 in Thursday's session. The catalyst is the announcement that the company will be targeting ads at logged out users.
The release, which came out a few minutes after the open, sparked nearly a $2 rally in the issue. That coincided with the issue finding support early in the session just above Wednesday's close ($24.31) at $24.34.
The rally has taken the issue to $26.14 for the first time December 6, when it peaked at $26.06. It has not closed over $26 since November 25, when it closed at $26.06.
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