#NEWS: $TWTR Here’s Why Twitter Inc Stock Surged Today

The recent takeover speculations and Nick Bilton’s interview on CNBC increase speculation that Twitter might be acquired

Twitter Inc. (NYSE:TWTR) stock surged more than 2.50% during the mid-day trading session today. The stock continues to soar after the latest takeover rumors. Recently, New York Times columnist Nick Bilton said on CNBC that Twitter's potential acquirers find the current price too high. The stock is down 23% year-to-date (YTD), which has lowered its market capitalization to almost $12 billion. The potential acquirers of the micro-blogging service prefer a lower price tag, in case a price war ensues.