Investors were keen to see what Twitter could do in its latest quarter, and it did not disappoint. Shares of the microblogging site surged after the closing bell on Tuesday and they are holding those gains on Wednesday. Shares of Twitter had trended lower since the start of the year. The big questions from analysts have been about user engagement and whether Twitter could maintain its momentum. Twitter saw a big burst of activity given all the soccer fans who were tweeting during June and July during the world cup, 672 million tweets were generated by the event. As of June 30, Twitter said, it had 271 million monthly average users, up from 255 million as of March 31. TheStreet's Ruben Ramirez has details from the Nasdaq Marketsite.

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