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