Twitter Inc. In Search Of A Catalyst Gets A Brief Boost Off Google Blog Post

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Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
'' Twitter Inc.
TWTR
shares are unchanged at $37.28 in Tuesday's session. After matching its matching its three month low at $36.90 earlier in the session, it staged a sharp intraday rally that approached the $38 level. The issue has been searching for a catalyst to is kickstart a rally after it was destroyed following Q1 results falling the $50 level to its recent low. The violent two days of frenzied trading was the result a premature release of its earnings ahead of its usual post close release time on April 27. Around 2 pm Google Blog reported that Twitter content was to bring tweets to Google search on mobile devices. Also, that a new photo tool that will branch out of Google, will allow images to be posted on Twitter and Facebook/. That instigated a sharp rally to $37.88, but the issue has surrendered most of those gains. The current intraday high coincides with Friday's high of $37.80. Today's rally is taking place on much higher than average volume as it has already traded 21M shares compared with its five day average of 14.7M shares with over one hour remaining the session.
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