Twitter shares jump 25% premarket on disclosure Elon Musk has taken stake

0
94

Shares of Twitter TWTR, +1.60% jumped 25% in premarket trade after a Securities and Exchange Commission filing showed that Elon Musk, the chief executive of Tesla, taken a 9.2% stake in the microblogging service. Last week Musk said he was “giving serious thought” to creating a new social media platform, as he was upset by Twitter’s free-speech approach.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleAMD to buy Pensando for $1.9 billion to build out its data center business
Next articleThe Moneyist: I’m house-rich and cash-poor. Should I refinance my house and set up a joint savings account with my husband? ‘I can tolerate him for 7 months — at the most.’

LEAVE A REPLY

Please enter your comment!
Please enter your name here