StockTwits Buys Financial Blog Abnormal Returns


On the heels of its $3 million funding round, StockTwits has made a small acquisition. The startup β€” which lets investors track conversations about stocks on Twitter β€” has bought up five-year-old financial blog Abnormal Returns, which aggregates financial analysis from across the web. StockTwits says in a blog post that it will integrate Abnormal Returns into its own service, although the Abnormal Returns site will also continue to exist.

StockTwits says the purchase is β€œthe next step in an entire revamp of the StockTwits platform coming in the next two weeks.” Already, StockTwits has made a number of moves over recent months, including adding real-time stock quotes via a partnership with the Nasdaq stock market and a desktop app.

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