Twitter (TWTR) Speculation Ramps After Google Exec Tapped as Executive Chairman

October 14, 2015 9:13 AM EDT

Twitter (NYSE: TWTR) is gaining in pre-open trade after the company appointed Omid Kordestani to its Board to serve as Executive Chairman. The appointment has re-ignited takeover rumors given that Kordestani is the Chief business officer at Google (NASDAQ: GOOG) (NASDAQ: GOOGL).

Speculators could see Twitter as a part of Alphabet eventually. The two companies already have a close working relationship.

Shares of Twitter are up 1.5% early.



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