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home / news releases / TWTR - Twitter halted on jump amid report Musk proposes completing deal


TWTR - Twitter halted on jump amid report Musk proposes completing deal

  • Twitter ( NYSE: TWTR ) has been halted for volatility, jumping 6.7% on reports that billionaire Elon Musk has sent a letter to the company proposing to proceed with his $44B buyout deal at the agreed price.
  • That price was $54.20, and Twitter stock jumped to $45.40 per share before the halt.
  • Tesla stock ( TSLA ) has quickly pared some heevy gains and now is up just 2.5% on the day. It's generally expected that Musk would need to sell his holdings fairly heavily to complete his personal financing of the Twitter deal.
  • Developing story ...

For further details see:

Twitter halted on jump amid report Musk proposes completing deal
Stock Information

Company Name: Twitter Inc.
Stock Symbol: TWTR
Market: NYSE
Website: twitter.com

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