Twitter shares rise on advertisers' positive feedback
Twitter shares rose by 6.5% after advertisers gave the social network the "best relative feedback" it has received in more than two years. Cleveland Research triggered the uptick in share price by predicting 12% rebound in 2018 revenues following a 15% decline in the current year. Twitter's fundamentals are potentially bottoming-out, with changes to its delivery of ads improving the company's commercial prospects, the research company said. Twitter's shares are down 30% versus its October 2016 highs.
Twitter shares have surged 6.5% on the back of an uncharacteristically positive outlook for its commercial prospects as advertisers gave the micro-blogging service their ‘best relative feedback’ in more than two years.

Twitter trades 6.5% higher on back of bullish advertiser forecast

Having struggled to gain traction amongst advertisers the service appears to have turned a corner as it rode a wave of renewed investor optimism fueled by user growth, changes to its ad delivery and a renewed focus on live content.