TWTR - Twitter turns positive on reports Musk Agarwal depositions are postponed

September, 26 2022 03:02 PM Twitter Inc.

Twitter stock ( NYSE: TWTR ) has made a sudden jump into positive ground, up 2.2% on the day Monday afternoon, alongside word that purported company buyer Elon Musk is not sitting for deposition Monday, and Twitter CEO Parag Agrawal may not be either.
That's raising some loose chatter about a potential settlement that may be moving the stock.
It may be just a matter of timing: Chancellor Kathaleen McCormick is holding hearings scheduled for three hours Tuesday afternoon to settle a wide number of discovery issues in Twitter v. Musk et al .
In addition, Musk attorney Greg Spiro was reportedly deposed on Sunday and would likely take part in Musk's own deposition.

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