Twitter Stock Has a Lot to Prove on Thursday
Twitter (NYSE: TWTR) has become this year's tech comeback story. The social-media platform is so hot that on Friday it ended a streak of 12 consecutive trading days of higher closing prices. Twitter's stock is trading north of $20, the first time it's snapped out of the teens since early October.
This is the kind of momentum that could be dangerous for a stock that's spent most of its three years as a public company out of favor before sprouting in recent weeks. It faces a big test on Thursday morning, when it has to justify its recent pop with its second-quarter results.
Image source: Twitter.
Source: Fool.com
