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Shares of Twitter have dropped after Elon Musk Nix sought a deal

An effort by Elon Musk to finalize the purchase agreement Twitter Inc. the company’s shares on social media were falling into pre-market trading as investors prepare for what will be a confusing court battle.

Twitter fell 6.5% last Wednesday from $ 34.41 in the pre-market quarter, putting the stock at a rate of the biggest drop in nearly two months. The move, Mr Musk told securities regulators on Friday that he wants to cancel his $ 44 billion deal to buy Twitter and take it private, saying the company does not provide the information it needs to assess the prevalence of fake accounts or spam. .

Shares of Twitter have dropped after Elon Musk Nix sought a deal

Source link Shares of Twitter have dropped after Elon Musk Nix sought a deal

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