Today news
About the same in other media
Why analysts say Twitter could fall 30% more as Elon Musk pull out of deal
Reading now: 205
fnlondon.comNow that Elon Musk has decided he would rather not own Twitter, Wall Street is scrambling to think through what happens from here, and what the company might be worth on a stand-alone basis.
Twitter shares plunged 11.3% on the news on 11 July, but still seemed priced to reflect the possibility a deal will still happen at a lower price. If there is no sale, Twitter stock could tumble another 30% from here, analysts say.
In...
Read more on fnlondon.comAbout this in other media
Bitcoin, Ethereum, Altcoins Follow Stocks Down Despite Elon Musk Is Open to Buy BTC Again After Selling 75% of Tesla's Stash cryptonews.com /2 years ago
Bitcoin price hits $24K, but analysts say on-chain data points to an ‘inevitable’ pullback cointelegraph.com /2 years ago
Twitter wins first legal battle with Elon Musk as trial to go ahead in October theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
