Market Overview

Twitter Slightly Higher Off Prospects For A Premium Twitter

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Twitter Inc (NYSE: TWTR) shares are trading higher by $0.27 (1.8 percent) at $15.20 in Friday's session.

Retuers reported the company is considering a premium version that will include enhanced Tweetdeck features. Despite a global platform of 319 million global users, the company hasn't been able to grow revenues or enhance user growth.

Two days removed from trading at its lowest level ($14.32) since June 2016, when it bottomed at $14.00, the issue is now back in the lower $15.00 handle.

After a higher open, Twitter's stock retreated only a few cents to $15.04 before continuing its move higher. So far, the ensuing rally has come up shy of its March 14 high ($15.38) as $15.37 stands as the high for the session as of 11:00 a.m. ET.

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