Possible Twitter Bounce for an IPO ETF
July 30, 2014 at 09:30 AM EDT
So much for Federal Reserve Chair Janet Yellen’s thesis that some social media companies are overvalued. Twitter (NYSE: TWTR) scoffed at that notion, soaring almost 28.6% during Tuesday’s after-hours session after the company said revenue more than doubled to $312.2 million while user growth surged...