Twitter stock rose as much as 3.4 percent on July 7 after executives reiterated that spam bots represent fewer than 5 percent of users.
In a conference call, company officials told the press that the social network conducts manual reviews of thousands of accounts each quarter to come up with its 5 percent figure, according to Reuters. In addition, the company utilizes various components to determine the number of spam bots, such as confirming telephone numbers and IP addresses.
