Twitter Inc. Shows Sign Of Life To End 2015

Twitter Inc.

shares are trading higher by $0.80 at $23.03 in Thursday's session. It has been a rough year for the issue, which peaked in April at $53.49 and bottomed during the Flash Crash at $21.01. There have been no relevant news to account for the 3,5 percent gain. On December 21 , it traded in the $21 handle for the only other time ever when it bottomed at $21.99, Over the next next six sessions it found found support in the lower $22 handle, including in today's session when it bottomed at $22.15. Moments ago,it reached the $23 handle for the first time since Monday, when it peaked at $23.32 and began to decline. It has not closed above $23 since December 17, when it ended the session at $23.31. Year-end tax-loss selling may have exacerbated the decline and make the issue a potential candidate for the January Effect.