Twitter Shares Spike 4.85% In The Wake Of Ballmer’s Stake

Turns out the Ballmer Peak is real. Shares in Twitter spiked 4.85 percent today, closing at $31.15 per share. Trading above 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...