Twitter share price

At current premarket levels, Twitter is trading at a ~35% discount to Musk's $54.20 per share offer price. Also, it is trading below where the stock was ...

Also, it is trading below where the stock was prior to Musk revealing an over 9% stake in early April. Also, it is trading below where the stock was prior to Musk revealing an over 9% stake in early April. Earlier this week, Twitter shares fell below $46.75, implying the probability of the deal closing at Musk's offer price was below 50%. Earlier this week, Twitter shares fell below $46.75, implying the probability of the deal closing at Musk's offer price was below 50%. At current premarket levels, Twitter is trading at a ~35% discount to Musk's $54.20 per share offer price. At current premarket levels, Twitter is trading at a ~35% discount to Musk's $54.20 per share offer price.

The Tesla chief tweeted on Friday morning that the deal was being frozen while he awaited details behind Twitter's assertion. Musk announced the move alongside ...

“Maybe the true cost and extent of the risk involved in turning around a ‘break even’ Twitter may have dawned on Elon Musk. After all, $43Bn for what may be little more than a sideline does seem excessive. Twitter’s share price plunged by around 18% in pre-market trading following his tweet indicating the deal was temporarily on hold. So I suspect what we will see is a higher proportion, across the piece, spent on food for the longer term. We’d always said Musk may cut or run or change his tune at the 11th hour and 59 minutes and 59 seconds on the clock. No other buyer will emerge – if Musk decides he is still interested he can “name his price”… and it won’t be higher! “We have been perhaps through a golden era. The Twitter board have been held hostage and only have themselves to blame for this mess. The board should have seen this coming. “The tragi-comedy continues and the Twitter situation is nothing short of laughable. We’re not even close to the 11th hour yet. Elon Musk has said his $44bn takeover of Twitter is “temporarily on hold” after the social media platform claimed that less than 5% of its users were spam or fake accounts. Elon Musk has said his $44bn takeover of Twitter is “temporarily on hold” after the social media platform claimed that less than 5% of its users were spam or fake accounts.

Shares of Twitter Inc. tumbled Friday, after Elon Musk said he was putting the deal to buy the social-media company "temporarily on hold" while he does his.

On April 25, Twitter agreed to be acquired by Musk for $54.20 a share. Since April 4, when Musk disclosed his Twitter stake, Tesla’s stock had plunged 36.4% through Thursday. Musk first disclosed his stake in Twitter on April 4, then said on April 14 that he was launching an unsolicited bid for the company. Dan Ives, the prolific Wedbush analyst, said the implications of Musk’s “bizarre tweet” will send this “Twitter circus show into a Friday the 13th horror show.” He said investors could now view the deal as falling apart, or that Musk is negotiating for a lower deal price or that Musk might simply walk away from the deal with a $1 billion breakup fee. But since Musk launched the bid, the closest Twitter’s stock came to closing at the $54.20 bid price was April 25, when it closed at $51.70. Shares of Twitter Inc. tumbled Friday, after Elon Musk said he was putting the deal to buy the social-media company “temporarily on hold” while he does his due diligence on fake accounts.

After Musk tweeted that the Twitter acquisition was "on hold," financial analysts aren't sure the buyout will go ahead as planned.

Financial analysts were split on whether Musk’s bot concerns had put the deal in jeopardy. Twitter has also struggled, announcing an overcount of user numbers in its most recent earnings and continuing to operate at a loss. Twitter had claimed in a filing that bots compose less than 5 percent of daily active users on the platform, although many believe the real figure is higher.

Hindenburg Research founder, who recently shorted Twitter, was in a jubilant mood when the social giant's stock price went tumbling early in the session.

“We have performed an internal review of a sample of accounts and estimate that the average of false or spam accounts during the first quarter of 2022 represented fewer than 5% of our [daily average users] during the quarter,” Twitter revealed in its first-quarter letter to shareholders. In a Twitter post, he said he needs to confirm first whether the number of fake accounts is indeed as low as management has said. As of Friday, it looks as if Elon Musk has found in the company’s bot analysis the excuse he may have been looking for to try to renegotiate the $44 billion price tag on his Twitter bid—or drop it entirely.

Shares in social media platform dive 20% in premarket trading on news.

The Tesla chief agreed to pay a $1 billion break fee if he abandoned the agreement. The same calculation has also been reported in each quarterly filing going back to 2014. The billionaire entrepreneur said on Twitter on Friday that the deal was being held “pending details supporting” a calculation in the company’s regulatory filings suggesting that the number of fake accounts on the platform represents under 5 per cent of its 229 million users.

Shares of the social-media company fell after Elon Musk said his deal to buy it was “on hold.”

- Saks Fifth Avenue:$20 off sitewide + free shipping - Saks Fifth Avenue coupon Shares of Twitter shed $4.36, or 9.7%, to $40.72, its the lowest level since April 1, just before Mr. Musk disclosed a surprise 9% stake in the company. You may cancel your subscription at anytime by calling Customer Service.