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Twitter's stocks hit 52-week high after posting $1 billion quarter

Shortpedia

Content Team
Image Credit: shortpedia

Microblogging website Twitter posted a sizable $1 billion quarter, which is also the second time it has hit this mark. The resulting market frenzy propelled the stock value up four percent in after-hours trading, sending it to a 52-week high. The rally comes after the company posted a handsome net income of $222 million alongside a 28 percent revenue growth totaling to $1.29 billion.