Saudi Billionaire Gives Twitter (TWTR) a Big Vote of Confidence

Saudi billionaire Prince Alwaleed bin Talal and his investment company Kingdom Holding Co. [KHC] have doubled their ownership of Twitter’s (TWTR) shares, Bloomberg reports, citing a disclosure made in the week the micro-blogging site named Jack Dorsey CEO. The combined holding represents more than 5%, or 5.17% to be exact, of Twitter’s common stock, making […] View the full post at: Saudi Billionaire Gives Twitter (TWTR) a Big Vote of Confidence Related posts: Saudi Billionaire Says Citi Will Post Profits in 2010 and 2011 Insider Selling: Twitter (TWTR) CEO Unloads $5M Worth of Stock The Bifurcation of Twitter