Twitter Reverses Thursday's Gain

Twitter Inc TWTR shares are trading lower by $0.48 at $16.07 in Friday's session. The issue was bolstered by false takeover rumors by Alphabet Inc GOOG GOOGL, but added only $0.29 to close at $16,55.

Off the open, it could reclaim the close, only reaching $16.43, before turning lower. The ensuing decline has taken the issue under $16, with the current low standing at $15.83 and not far off that level.