Twitter has been on a tear recently.
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Twitter pops after Steve Ballmer calls it 'a very good asset' (TWTR)
"Improving the products some and improving and making the monetization better, I think the company has been on top of both of those things," Steve Ballmer said.
Steve Ballmer, former CEO of Microsoft, endorsed Twitter in a televised interview.
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Over the last week, shares of Twitter are up 9.41%. On Friday, the stock saw a 2.23% bump after Steve Ballmer, former CEO of Microsoft, went to bat for the company.
"Twitter is a very good asset," Ballmer told CNBC. "I
The company also recently hired a new CFO from financial software firm Intuit.
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Ballmer says that these fixes are signs of positive momentum at Twitter. He told CNBC the company will have to keep up the pace of changes in order to make a lasting impact.
Twitter is still trading below its IPO price of $26 per share, but is up 20.47% this year and trading at $19.79.
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