StockTwits has been acquired by CNBC*

We are excited to announce that CNBC, owned by NBC Universal has acquired StockTwits today in an effort to build its credibility and transparency in the financial news sector on and offline.

With Twitter all the rage and CNBC’s falling ratings they were looking for major change at the network and saw the acquistion as a great opportunity to turn around the perception of their financial reporting.

The acquisition of StockTwits is a significant deal for CNBC, We are expecting the acquisition to close by summer. Upon completion, Co-Founder Howard Lindzon will take over hosting duties for the popular Fast Money segment, recently vaccated by Dylan Ratigan. We here at StockTwits look forward to becoming part of the CNBC family.

We would like to thank each and every one of our users who has help StockTwits grow to become what it is today. Without your tireless contribution this deal would not have been possible. We look forward to continuing to serve you in the future.

* Nothing stated in the following post is factual and is, in fact, an April Fool’s joke.


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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