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Twitter ends three-day losing streak as analysts make bullish calls

October 12, 2016

Via: CNBC

Twitter shares snapped a three-day losing streak Tuesday after two firms made bullish calls on the stock, based on fundamentals and potential upside.

The stock gained about 2.5 percent Tuesday, after falling 11.5 percent on Monday.

Twitter shares have been under pressure as the company’s board of directors remains split between those who want to sell the company and those who don’t. Twitter and Salesforce.com continue to discuss a possible deal, sources told CNBC on Tuesday. Other large media and tech companies have reportedly also held discussions with Twitter.

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