Why Twitter and Snapchat Stocks Just Joined Hands and Jumped

Shares of social networking stocks Twitter (NYSE: TWTR) and Snap (NYSE: SNAP) both exploded higher in afternoon trading Thursday -- up 8.8% and 7%, respectively, as of 3:10 p.m. EST.

Both moves came in response to a TechCrunch story that released at 1 p.m.

Image source: Getty Images.

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Source Fool.com