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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Rokas Tenys / Shutterstock.com Fans of Twitter (NYSE: TWTR ) stock are at a crossroads today ahead of a potentially lengthy legal battle with Elon Musk. Recently, the Tesla (NASDAQ: TSLA ) CEO uncere...
Twitter ( TWTR ) moved back into the spotlight once again during Wednesday's midday trading. Shares rallied after a high-profile short seller took a long position in the stock, calling the firm's lawsuit a "credible threat" to Elon Musk's empire. Meanwhile, Exela ( XELA ) was an...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Twitter (NYSE: TWTR ) has been at the center of attention this week, and Hindenburg Research has just added more fuel to the flame. The acclaimed short seller disclosed taking a long position in TWTR stock, tweetin...
Twitter ( NYSE: TWTR ) shares got a lift Wednesday, and rose more than 6% as Hindenburg Research said it has taken a "long position" in the social-media company after it sued Tesla ( TSLA ) Chief Executive Elon Musk. Hindenburg, known as a stock short seller, didn't ...
Stock Market Today Mid-Morning Updates On Wednesday, the Dow Jones Industrial Average is down by over 280 points with the latest consumer price index (CPI) being released today. The CPI soared 9.1% year-over-year, above the 8.8% Dow Jones estimate. This would mark another month ...
Investors in Twitter have been slammed by shares of the social networking platform crashing after Elon Musk decided not to acquire the business. This maneuver has already likely seen Twitter experience the pain due to it, with little additional downside unlikely. Current projectio...
Packer & Co manages a single investment vehicle, the Packer & Co Investigator Trust, a unit trust which is able to invest in a broad spectrum of asset classes throughout the world. The Investigator Trust returned -1.2% for the past year, compared to a -7.4% return for the Aust...
Elon Musk walked away from his $44 billion agreement to buy Twitter on Friday. Twitter’s struggle with slowing growth makes it a decent candidate to come off the public market. Elon Musk’s trash may be another person’s treasure. By Breakingviews ...
Elon Musk no longer wants Twitter on disputes over fake accounts. The drama is over, and Twitter's fundamentals look bleak. Buying stocks based on the Musk hype is a losing strategy. What happened? Following my previous articles ( here , here , and here ) cal...
We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value. These businesses must offer significant profit potential and be run by managers who think and act as owne...
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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...