Twitter Rises 3.5% In Down Market As COO Exits - Presented by: The Aol. On Network

Rumors of an imminent management shakeup at Twitter became a reality today as the company’s COO Ali Rowghani departed that role.In a down market, Twitter rose 3.5 percent in regular trading, and is up a fraction after-hours. The major indexes slipped more than 0.6 percent apiece.Given the general dearth of news surrounding Twitter at the moment, it is not overly bold to ascribe at least a portion of its momentum today to the departure of Rowghani.



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