Hacker News new | ask | show | jobs
by pdog 3326 days ago
Twitter's market cap moved up $200 million on the news that Biz is back.
1 comments

Alternatively, twitters market cap went up 1.4%, which is well within the usual ups and downs of normal trading throughout the day.

Maybe it was because of this. Maybe it was because some analyst put out a piece on a private feed that said "Twitter might make more money someday".

"more money"? They've yet to make any money.
Looking at their financials, they make tons of money. They just spend gigatons of money. The revenue side of the equation is looking quite healthy, actually.
"Twitter might find a quarter someone dropped on the sidewalk"