• One of Wall Street's biggest banks just revealed a massive stake in Twitter - and the company's stock is soaring

    2 monthes ago - By Business Insider

    Richard Drew/AP
    Morgan Stanley said in a filing on Wednesday that it had a 5.6% stake in Twitter , which boosted shares of the social media company.
    Twitter's stock has climbed 11% so far this year, although it's still trading 34% below its 52-week high hit last June.
    Follow Twitter's stock price here on Markets Insider .
    Twitter shares jumped more than 4% on Wednesday after Morgan Stanley said in a filing with the US Securities and Exchange Commission that it has a 5.6% stake in the company.
    The bank - one of Twitter's initial public offering underwriters in 2013 - owned a little more...
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