Twitter Shares Rally Ahead Of Third-quarter Earnings

By Sue ChangMarketWatch Pulse

Shares of Twitter Inc. rose Monday with the social media company slated to report quarterly earnings late Tuesday. Analysts surveyed by FactSet project the microblogging site to earn 5 cents a share on revenue of $560 million, up from earnings of a penny a share and revenue of $361 million a year earlier. Twitter climbed 1.8% to $30.83 and the stock is up more than 9% since Jack Dorsey was officially named as chief executive on Oct. 5.

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