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Saturday, January 4, 2014

Epic Research Singapore : Twitter Update

Other decliners included Microsoft Corp. MSFT -0.67% , eBay Inc. EBAY +0.26% , Amazon.com Inc. AMZN -0.11%  and Micron Technology Inc. MU -0.10% .   
 Twitter TWTR +0.15%  shares climbed $1.50, or more than 2%, to close at $69. The microblogging company was seen as benefiting from a report Thursday from Evercore Partners analyst Ken Sena, in which he cited Twitter’s opportunities in the market for U.S. online video advertising. Sena estimated that the market for video ads will rise to $8.1 billion by 2016, and that 17% of Twitter’s revenue by that year could come from video advertising.

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