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How Will Twitter (TWTR) Stock React to Shutting Down Speculation?

NEW YORK (TheStreet) -- Twitter (TWTR) denied rumors that the social media platform would shut down in 2017 and said the allegations were groundless, Reuters reported.

"There is absolutely no truth to the claims whatsoever," a spokesman told Reuters.

Shares of Twitter closed up on Thursday and the stock was flat in pre-market trading on Friday.

(Twitter is held in Jim Cramer's charitable trust Action Alerts PLUS. See all of his holdings with a free...