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Wed 30 Jul 2014 12:15 PM

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Twitter stock jumps 30 percent

Twitter stock jumped more than 30 percent after the social network reported that the Q2 revenue climbed 124 percent to $312 million.

Twitter stock jumps 30 percent
A sign is posted outside of the Twitter headquarters on July 29, 2014 in San Francisco, California. Twitter will report second quarter earnings today after the closing bell. (Getty Images)
Twitter stock jumps 30 percent
A sign is posted outside of the Twitter headquarters on July 29, 2014 in San Francisco, California. Twitter will report second quarter earnings today after the closing bell. (Getty Images)
Twitter stock jumps 30 percent
A floor mat bearing the logo of Twitter and the symbol on which Twitter's stock will traded (TWTR) is seen on the floor of the New York Stock Exchange (NYSE) on November 7, 2013 in New York City. Twitter goes public on the NYSE today, it is expected to open at $26 per share, making the company worth an estimated $18 billion. (Getty Images)
Twitter stock jumps 30 percent
In this photo illustration, the Twitter logo and hashtag '#Ring!' is displayed on a mobile device as the company announced its initial public offering and debut on the New York Stock Exchange on November 7, 2013 in London, England. Twitter went public on the NYSE opening at USD 26 per share, valuing the company's worth at an estimated USD 18 billion. (Getty Images)
Twitter stock jumps 30 percent
(L-R) Twitter co-founders Jack Dorsey, Christopher Isaac 'Biz' Stone, Evan Williams and Twitter CEO Richard 'Dick' Costolo pose for a photo on the trading floor of the New York Stock Exchange (NYSE) on November 7, 2013 in New York. Twitter hit Wall Street with a bang on Thursday, as an investor frenzy quickly sent shares surging after the public share offering for the fast-growing social network. In the first exchanges, Twitter vaulted 80.7 percent to $47, a day after the initial public offering (IPO) at $26 per share. While some analysts cautioned about the fast-changing nature of social media, the debut led to a stampede for Twitter shares. (AFP/Getty Images)
Twitter stock jumps 30 percent
Twitter CEO Richard 'Dick' Costolo gives an interview on the trading floor of the New York Stock Exchange (NYSE) on November 7, 2013 in New York. Twitter hit Wall Street with a bang on Thursday, as an investor frenzy quickly sent shares surging after the public share offering for the fast-growing social network. In the first exchanges, Twitter vaulted 80.7 percent to $47, a day after the initial public offering (IPO) at $26 per share. While some analysts cautioned about the fast-changing nature of social media, the debut led to a stampede for Twitter shares. (AFP/Getty Images)
Twitter stock jumps 30 percent
Twitter co-founder Jack Dorsey waits to see what Twitter's opening market price will be on the floor of the New York Stock Exchange (NYSE) on November 7, 2013 in New York City. Twitter went public November 7, on the NYSE selling at a market price of $45.10, with the initial price being set at $26 on November 6. (Getty Images)
Twitter stock jumps 30 percent
Twitter CFO Mike Gupta waits to see what Twitter's opening market price will be on the floor of the New York Stock Exchange (NYSE) on November 7, 2013 in New York City. Twitter went public November 7, on the NYSE selling at a market price of $45.10, with the initial price being set at $26 on November 6. (Getty Images)