Twitter Smashes Expectations, Stock Soars

Attention Twitter investors—buckle your seatbelts and get ready to fly high. Shares surged to more than 50 bucks in after-hours trade, a gain of 30 percent from its closing price below $39. The swift move came after the micro-blogging site not only posted a surprise net profit of two cents a share, but also beat sales forecast with $312 million in revenues. And that's not the only good news, says independent analyst Max Wolff.

Advertisement—Continue Reading Below