Twitter Shares Rally Ahead Of Third-quarter Earnings
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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