NEW YORK (TheStreet) -- Shares of Twitter (TWTR) are up 0.62% to $38.67 in early market trading, after Sony (SNE) told the social media company to suspend the accounts of people who posted tweets containing hacked material from the movie studio, or face legal action, the Los Angeles Times reports.
Sony is asking Twitter to suspend the account of Val Broeksmit, a user who's being accused of leaking 50 internal company documents on the site. Broeksmit has allegedly leaked 50 pictures including emails from Brad Pitt, producers Amy Pascal and Scott Rudin, as well as the schedule for movie releases.
Sony's attorney, David Boies, has already wrote to traditional media outlets asking them to stop examining and publicizing the corporate secrets that hackers have made public.
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Separately, TheStreet Ratings team rates TWITTER INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate TWITTER INC (TWTR) a SELL. This is driven by a number of negative factors, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. Among the areas we feel are negative, one of the most important has been generally deteriorating net income."