Twitter closes at a 3-year high (TWTR)

Markets Insider

• Twitter just hit a three-year high.
• Shares have been volatile, but are up significantly in the past year. 
• Watch Twitter stock trade in real time here. 

Twitter closed up 3.41% Monday to settle at $3.7.90, its best level in three years. 

Shares got off to a red-hot start in 2018, rallying more than 50% by the middle of March. That move was propelled by a fourth-quarter 2017 earnings report that boasted the company's first-ever net profit. That marked the fifth straight quarter of double-digit daily active user growth, which Jefferies analyst Brent Thill said "points to better engagement from its core user base." He concluded that the company is "on the road to recovery."See the rest of the story at Business Insider

NOW WATCH: This $530 Android phone is half the price of an iPhone X and just as good

See Also:

• We tried biscuit breakfast sandwiches from major fast-food chains, and the winner is shockingly clear
• These haunting photos of the retail apocalypse reveal a new normal in America
• Ginger emoji are launching tomorrow, along with bagels, superheroes, and toilet paper

SEE ALSO: Rudy Giuliani: Here's what Trump's talking about when he floats pardoning himself and lashing out at Mueller