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Twitter shares up 29% in after-hours trading on rebound in user growth
Twitter shares up 29% in after-hours trading on rebound in user growth

Twitter Inc.'s increased efforts to hold onto new users succeeded in the second quarter, the company reported Tuesday, providing investors some confidence that the social network can persuade more Internet users to join its flock. Shares of the company shot up more than 29% in after-hours trading, hovering around $50 a share after closing at $38.60. The price had topped $73 in December, a month after Twitter went public, but it’s hit turbulence since then amid slumping user growth. Tuesday's jump followed an earnings report that analysts said showed Twitter might be back on track in its ambitious quest to produce the Internet's largest audience. "I don’t...

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