Twitter shares poised for big move after results
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Twitter Inc shares are poised for a big move after it reports quarterly results on Thursday, according to options-market data, with user growth at the social media service possibly holding the key to whether shares rise or fall, analysts said. On Wednesday, the cost of a Twitter straddle, in which an investor buys an at-the-money put option and a similar call option, suggests a move of about 12 percent in either direction by Friday.
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Twitter shares poised for big move after results