Investors Send Twitter Up 11.4% Following Gnip News, Adding $2.7B To Its Market Cap
April 15, 2014 at 19:09 PM EDT
Twitter had a massive day in the markets, soaring more than 11 percent following news this morning that it has acquired Gnip, a company that TechCrunch described as a longtime partner and customer. The acquisition could see it funnel its current customer base towards Gnip's popular tools, and also accrete to Twitter's top line Gnip's incomes. Twitter needs revenue growth, and more monetization… Read More