Twitter stock rallied 2.9% Tuesday ahead of the company's earnings results after the close. Twitter reported Q4 results that beat analyst estimates as revenue climbed 28% but user growth fell short. The company reported adjusted earnings of 38 cents per share on revenue of $1.29 billion. Wall Street expected Twitter to report earnings of 29 cents a share on revenue of $1.18 billion.
Amid the current stock market rally, Twitter shares are at new highs. Shares are out of the 5% buy range past a new buy point, so Twitter stock is no longer a potential buy right now.
Amid the current stock market rally, Twitter shares are at new highs. Shares are out of the 5% buy range past a new buy point, so Twitter stock is no longer a potential buy right now.