Twitter Stock on Fire After Subscription Service Chatter

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“Twitter, Inc. (TWTR) stock rocketed higher on heavy volume in Wednesday’s session, gaining more than 7% after reports that the social media portal is working on a subscription service. The company didn’t confirm or deny the initiative, but market players jumped in anyway, lifting the stock to a five-week high that sets the stage for greater upside in coming weeks. It’s even possible that the uptick will mark the next wave in an uptrend that finally ends a long period of laggard behavior.” Reported by rss_articles

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