Twitter Jumps On Buyout Rumors, But Tech Stocks Slump

By | January 20, 2016

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As other tech stocks tumbled, Twitter (TWTR) stock rose in both regular trading and after hours Wednesday, as rumors swirled about unconfirmed reports that media conglomerate News Corporation (NWS) is interested in taking an ownership stake in the social media site or buying the portal outright. Twitter stock closed at 17.38, up 4.1%, after it had touched a record low for a second straight day, and was up a fraction in after-hours trading. Twitter Scalper1 News

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