Tag Archives: twtr

Twitter Stock Gets Big Boost From Q2 Earnings Report

Twitter (TWTR) stock soared Wednesday after reporting second-quarter earnings late Tuesday that flew past expectations. Shares were up 20.6% near 46.57 on the stock market today, its highest level in about three months. Several analysts upgraded Twitter after its Q2 report. Shebly Seyrafi, an analyst at FBN Securities, raised his rating on Twitter to outperform from sector perform and lifted his price target to 60 from 50. Nomura analyst Anthony

Qihoo, Facebook, Baidu Are The Top Big Cap Internets

Twitter (TWTR) shares soared 29% late Tuesday as the short-messaging site reported strong user growth, another quarter of accelerating, triple-digit revenue growth and a surprise earnings. The good momentum from Twitter could be a good sign for online review site Yelp (YELP), which is expected to report quarterly results Wednesday, and professional networker LinkedIn (LNKD), slated to announce results Thursday. But while Twitter gave hope that

Twitter Soars As Q2 Revenue, User Growth Accelerate

Twitter shares soared late Tuesday as the short-message service reported a pickup in user growth, plus earnings and revenue much better than expected. Average monthly users hit 271 million at the end of Q2. It was an increase of 24% vs. a year earlier and 16 million from Q1. Investors had expected Twitter (TWTR) to add 11.8 million users, said JPMorgan analyst Doug Anmuth in a report on Tuesday before the earnings release. “We