Industry

Shares of Twitter soar on deal chatter

 
Shares of Twitter TWTR, +10.33% shares rose 10% Monday after talk of a possible deal with venture capitalist Mark Andreessen and Silver Lake partner. CNBC cited The Information as first reporting the possible deal. A spokesperson for Twitter told MarketWatch “We don’t comment on rumor and speculation.” Shares of Twitter have fallen 35% in the past three months, compared to the S&P 500’s drop of 7%.

 

[“Source-marketwatch”]

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