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October 16, 2015 08:32 pm GMT

Twitter Shares Spike 4.85% In The Wake Of Ballmers Stake

twitter-sketch-reverseTurns out the Ballmer Peak is real. Shares in Twitter spiked 4.85 percent today, closing at $31.15 per share. Tradingabove the $30 mark is an important psychological threshold for Twitter. Put another way, as $40 is to Microsoft, $30 is to Twitter. What happened? Former Microsoft CEO and current eccentric sports fan Steve Ballmer announced that he has acquired a 4 percent minority stake in… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/FXbz8jacAGs/

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