Around the Net
Soaring Twitter Shares Not All Due To World Cup
- The Drum, Thursday, July 31, 2014 2:53 PM
Twitter shares went up like a rocket yesterday as the company reported sales of more than $300 million in the second quarter. The World Cup was a key element - but not the only factor - as Twitter stock finished more than 35 percent higher at the end of the day. CEO Dick Costolo, who has been making a lot of changes at the social network, said,"We had a strong quarter and made progress on multiple fronts. Our financial performance was truly exceptional."
