Twitter Inc TWTR shares are trading higher by $0.25 at $17.71 in Thursday's session. The issue peaked off its opening print of $18.10. Investors bid up the issue off the open, when it was revealed in a Form 4 filing that Chairman Omid Kordestani purchased 122,250 shares of the issue at $16.34 on February 16.
The retreat off the open found support just under the upper-end of Wednesday's range ($17.60), reaching $17.52.
Twitter has not closed above $18 since January 14, when it ended the session at $19.
Its all-time low was made on the day following its Q4 report at $13.91 on February 11.
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