Why Twitter Stock Jumped Today
Shares of Twitter (NYSE: TWTR) rose sharply on Wednesday following the release of the popular messaging platform's fourth-quarter results.
As of 3 p.m. EST, Twitter's stock price was up more than 12%.
Twitter's revenue surged 28% year over year to $1.29 billion, fueled by strong user growth in international markets. The social media company's monetizable daily active usage (mDAU) -- essentially, the number of people who logged in and accessed Twitter's apps -- climbed 27% to 192 million.
Source Fool.com
