$Twitter(TWTR.US)$ shares traded higher following a CNBC report indicating the company's CEO, Jack Dorsey, is expected to step down from his role.
Twitter is an open distribution platform for and a conversational platform around short-form text, image, and video content. Its users can create different social networks based on their interests, thereby creating an interest graph.
Twitter's stock was trading about 3.28% higher at $48.68 per share on Monday, and now is suspended. The stock has a 52-week high of $80.75 and a 52-week low of $44.40.
