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Twitter shares zoom 35 per cent and it's NOT all the World Cup, says Costolo

on Jul 30, 2014 | 0 comments

By Noel Young

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.”

The San Francisco company has struggled to maintain growth rates it had before Read full story ›

Source: The Drum