StockTwits Acquires Abnormal Returns

StockTwitsAbnormalReturnsLogo.jpgReal-time financial-information platform StockTwits made an investment of its own, announcing the acquisition of financial-news site Abnormal Returns in a post on the StockTwits Blog.

Terms of the transaction were not disclosed. Abnormal Returns editor in chief Tadas Viskanta will join StockTwits and continue to run Abnormal Returns.

From the post on the StockTwits Blog:

We are happy to announce that Abnormal Returns is a fully integrated part of StockTwits. We have acquired the website and Tadas Viskanta is joining StockTwits. Tadas will continue to run the site full-time as its editor in chief while contributing his insights as we grow StockTwits.

The “Now” Web is all about links, and the financial community is all about fresh ideas. StockTwits streams can move pretty quickly, especially in fast markets. Therefore, some level of aggregation is a welcome tool for many users. While aggregation tools continue to evolve, curation remains a crucial component.

Blending the two is where art and science meet.

The new-look Abnormal Returns will continue to bring its daily “wide-ranging, forecast-free investment blog” while adding a real-time component. Abnormal Returns Now will provide readers with a real-time take on finance and investment news. This aggregation will harness both the power of the StockTwits community and editorial insight to bring a stream of intelligent investment links to its readers.

This launch is the next step in an entire revamp of the StockTwits platform coming in the next two weeks. Design clues like the cleaner navigation bar and integrated Abnormal Return headlines tie together the growing network of real-time sites that power StockTwits.