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Twitter’s stock dropped as much as 12% at the market open Jan. 11, before paring losses somewhat to stand at -5% by 1 p.m. ET. The decline comes after Twitter shares had a 37% run-up in the last ...
Berkshire Hathaway is far from the only stock that has risen to a high share price. These are the most expensive stock shares as measured by the closing share price on Nov. 20. 1.
The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
Twitter (NYSE:TWTR) released its Q4 earnings last week. And Twitter stock got hammered.Source: Shutterstock Why?It wasn't its Q4 numbers, which came in at or above analysts' expectations. Revenue ...
Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino.In a move that, despite Yaccarino's accession, was widely attributed to Musk, [1] [2] Twitter was rebranded to X on July 23, 2023, [3] and its domain name changed from twitter.com to x.com on May 17, 2024.
[51] [52] [53] In response, Twitter's stock rose by as much as 27% and Twitter shares experienced the largest intraday surge since Twitter's IPO in 2013. [54] Musk was appointed to Twitter's board on April 9, under a deal that prohibited him from acquiring more than 14.9% of the company.
What Twitter Is Worth. Share Price, 52-Week Range . $31.30-$69.81. 2021 Revenue. $5.077 billion. ... Twitter stock had lost all of the gains it had made following the news of Musk’s 9.2% stake.
[209] [210] However, on April 13, Musk made a $43 billion offer to buy Twitter, launching a takeover bid to buy 100% of Twitter's stock at $54.20 per share. [ 206 ] [ 211 ] In response, Twitter's board adopted a "poison pill" shareholder rights plan to make it more expensive for any single investor to own more than 15% of the company without ...