Twitter shares jumped 9% today to close at their highest level since debuting on the Big Board last month. The reason? The company’s product announcements last week are boosting investor confidence in the idea that the social network can make money.
Today marks the one-month anniversary of Twitter’s high-profile IPO, providing a chance to reflect on the much-hyped deal. Judging by the relative performance of its competition, Twitter’s public offering looks like a resounding success.