Twitter surges after Facebook says it will curtail news in users' feeds

Twitter surges after Facebook says it will curtail news in users' feeds

6 years ago
Anonymous $1bh8zaeyQS

https://www.cnbc.com/2018/01/12/twitter-jumps-after-facebook-news-feed-changes.html

Investors bid Twitter shares higher Friday after Facebook said it would limit the number of news items it shows to its users.

Twitter surged as much as 5 percent on heavier-than-usual volume as some bet that the move by its larger rival could open an opportunity for Twitter to sell more advertising.