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An enormous spread. A shaky interloper. Another for the arb basket. Merger Arbitrage Here's one more for the Golden Age of Merger Arb basket. My favorite of the bunch remains Twitter ( TWTR ). SA And my favorite way to play that remain...
The COVID-19 pandemic is ongoing, even though widespread vaccinations and new treatments have allowed society to (mostly) return to normal. While that's great news, a number of companies emerged as big beneficiaries of pandemic-related restrictions, and it's becoming apparent their sky-high...
The two sides go to court in October to battle over the minutia of the merger document. Musk offered $54.20 a share back in April, so the break fee would allow Twitter’s board to accept a new bid for just under $48 a share and not lose. Selling to a willing buyer is also a ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips A flurry of news, plus the recent uptick among growth stocks, has sprung Tesla (NASDAQ: TSLA ) shares back to life. In the past month, TSLA stock has bounced back to the tune of around 15%. To some Tesla skeptics, thi...
Elon Musk appears destined to buy Twitter, whether he still wants the social platform or not. Digital World doesn't appear priced for the reality that most SPACs miss financial targets. The stock doesn't appear priced for the current weakness in the ad market for social media plat...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Vitaliy Karimov / Shutterstock.com Tesla (NASDAQ: TSLA ) stock is in focus today on news that Baillie Gifford sold 407,949 shares during the second quarter, decreasing its position by 4%. The leading U...
Twitter Inc ( NYSE: TWTR ) is up 4.0% on Wednesday after Elon Musk said he sold another 7.92 million shares of Tesla Inc ( NASDAQ: TSLA ). Why did Musk sell Tesla shares? According to the SEC filing, that generated about $6.88 billion for Musk, who confirmed in a tweet t...
The saga of Elon Musk's stalled takeover of Twitter ( TWTR ) returned to the headlines in Wednesday's midday trading. TWTR climbed as a stock sale by Musk seemed to raise the odds that the deal would eventually close. Elsewhere, the release of quarterly results prompted buying in Ar...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tesla (NASDAQ: TSLA ) is in full focus after it was reported that CEO Elon Musk sold 7.92 million shares worth $6.88 billion. The six Form 4s depicting the trades were released last night on Tesla’s Investor...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Christopher Lyzcen / Shutterstock.com Tesla (NASDAQ: TSLA ) stock is climbing this morning after CEO Elon Musk confirmed the company would start delivering its long-anticipated Semi Truck later this year. ...
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2023-07-24 06:39:41 ET The little-known X token is riding on Elon Musk’s Twitter, Inc. ( NYSE:TWTR ) rebrand to X.com. It registered a monster 4004% surge in the early hours of Monday morning before pulling back. Although the token had dropped by more than 3000% in the past f...