Option Millionaires

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Twitter Inc. (TWTR) shares soared 12.5% Wednesday in afternoon trade Wednesday, after falling as much as 7.2% to a record low earlier in the session. The shares rose amid speculation that News Corp. (NWS.AU), the parent of MarketWatch, had bought a stake in Twitter, said James Cakmak , an analyst at Monness Crespi Hardt. "No idea if true or not but that's the chatter right now," Cakmak wrote in an email. News Corp. did not immediately respond to a request to comment. Volume as of 2 p.m. ET was 46 million shares, more than double the full-day average of 19.8 million shares, according to FactSet