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Why Twitter Stock Jumped 17% on Thursday


Shares of Twitter (NYSE: TWTR) surged on Thursday, rising as much as 17%. As of 10:55 a.m. EST, however, the stock was up 16.2%.

The stock's gain follows Twitter's impressive fourth-quarter results, which featured better-than-expected revenue and 21% year-over-year growth in monetizable daily active users (mDAUs).

Image source: Getty Images.

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Source Fool.com

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