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Twitter (TWTR) Looks Good: Stock Adds 6.4% in Session
Twitter, Inc. was a big mover last session, as its shares rose over 6% on the day. The move came after a report that the company is partnering with Bloomberg LP for streaming news. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 18.2% in the past one-month time frame.
Over the last 30 days, the company witnessed one positive estimate revision. The Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Twitter currently carries a Zacks Rank #3 (Hold).
Twitter, Inc. Price
Twitter, Inc. Price | Twitter, Inc. Quote
A better-ranked stock in the Internet – Software space is 2U, INC. , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is TWTR going up? Or down? Predict to see what others think: Up or Down
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