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Twitter Makes 'Solid Steps' After First-Ever Profit

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Twitter Makes 'Solid Steps' After First-Ever Profit

E
Entertainment (now)

1 Views • Feb 13, 2018

Description

Shares of Twitter exploded more than 21 percent last week, after the company announced its first-ever profit during its earnings release. On Thursday, Twitter reported its first-ever profit in more than four years as a public company. Shares of the troubled social network exploded on the news. Investors found new confidence in the company's ability to rebrand itself and continue to grow. Wall Street will stay bearish on the stock, but at least some analysts think the company is showing signs of recovery.