3 days ago • Posted by Paul de La Baume
#Twitter tumbles as #Musk says deal on hold $TWTR #trading #tech #elonmusk #TwitterTakeover
Twitter shares extended down 23% as Elon Musk tweeted the deal is temporarily on hold pending details supporting the calculation that indeed spam/fake accounts represent less than 5% of users. The change of the Tesla CEO comes at a time when stocks of tech companies are facing intense pressure. Could Elon look for more attractive buying opportunities or simply make a lower Twitter offer down the road?