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Twitter shares rise after short seller predicts big rally for the stock

Citron Experiment with’s Andrew Left is bullish on Twitter shares again after his earlier disputing call.

“$TWTR has hit a level of relevancy as never before. With isolation concerns in its rear view & execution on all fronts -Citron expects new highs. Tgt price-$52,” Hand said on Twitter Monday.

Twitter shares close-knit up 2.5 percent Monday at $32.80.

“Toutiao: if you don’t know the name, read the statement,” the investor also said, in reference to a China-based news and information stage. The parent company of Toutiao is seeking $75 billion valuation rounded, according to Left, and he says in a report that should raise the look oned value of Twitter.

Toutiao’s “success has largely been attributed to the podium’s ability to deliver personalized content via a simple user interface, something Jack and his Stew team has been very focused on,” Left said.

Left’s modern remarks on Twitter came after he was bearish on the social media enterprise in March and bullish on the stock in January. The investor is most known for his bearish elicits against stocks like the one-time Valeant Pharmaceuticals, which has since been renamed.

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