Twitter, Adobe, ARM lead broad tech gains Twitter
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Twitter, Adobe, ARM lead broad tech gains
Twitter rises after reversing course on blocking feature; Adobe up 10% after earnings
SAN FRANCISCO (MarketWatch) — Tech stocks put in a mildly upbeat session Friday, with gains from Twitter Inc., Adobe Systems Inc. and chipmaker ARM Holdings among the day’s advancers by the time the market closed.
Twitter (NYSE:TWTR) continued its recent tear, rising 6.6% to close at $59 a share. On Friday, Twitter reversed course on a new feature that lets people block other users. The feature would have let blocked users still follow, and reply to messages from the person who had blocked them. Twitter cited concerns about its users being harassed by blocked users as the main reason it was dropping the new function. http://www.marketwatch.com/story/twitter-adob...2013-12-13