- Twitter ( NYSE: TWTR ) rose 1.4% after a tweet that suggested Elon Musk still wants to buy the social media giant, though at a lower price.
- Fox Business reporter Charlie Gasparino tweeted that bankers are telling him that Tesla CEO Musk's game plan is to force Twitter to agree to a deal price below the original $54.20/share as the billionaire's gambling that the board would rather settle on a price cut, rather than endure a long court battle.
- Developing story ...
For further details see:
Twitter gains on speculation Elon Musk ultimately wants price cut, not prolonged fight