TWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October

InvestorPlace2022-07-20

Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of...

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Comments

Tanyl
2022-07-20
Tanyl
Twitter will drop very soon
cozyli
2022-07-20
cozyli
Pls like thanks
ZhejiangKiwi
2022-07-20
ZhejiangKiwi
Interesting to see what happens by then.
hphoa
2022-07-20
hphoa
Kk
Zeruel
2022-07-20
Zeruel
Like pls
kevinlaisq
2022-07-20
kevinlaisq
Pls like

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107

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-20 09:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of...</p>\n\n<a href=\"https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TWTR","symbol_name":"Twitter","start_time":0,"source_url":"https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/","article_id":"1150799994","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1150799994","pubTimestamp":1658280023,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaw","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TWTR":"Twitter"},"translate_title":"TWTR股价上涨，推特-埃隆·马斯克诉讼将于10月提起","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TWTR":0.9},"content_text":"Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of TWTR stock will be heard in October.Observing investors should prepare for a potentially messy legal and business slugfest.A controversial move from the get-go, Tesla(NASDAQ:TSLA) CEO Elon Musk’s deal to buy Twitter(NYSE:TWTR) generated international headlines. However, since the conclusion of negotiations, Musk appears to have developed cold feet, attempting to back out. In response, Twitter filed a lawsuit and a motion to expedite it – one which a Delaware court granted. TWTR stock is up over 3% this afternoon.Initially, Musk’s motivations for acquiring Twitter focused on facilitating all voices a chance to be heard in public discourse. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the buyout of TWTR stock. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”However, not everyone was happy. As theNew York Times pointed out, Twitter “has had an outsize role in shaping narratives around the world. Political leaders have made it a megaphone, while companies, celebrities and others have used it to hone images and build brands.”Shortly thereafter, however, the controversy erupted. Musk accused Twitter of not being forthcoming about the platform’s number of bots and spam accounts and withholding data needed to assess the problem.Presenting oral arguments before Delaware Court of Chancery, Twitter claimed that Musk’s arguments represented bad-faith attempts to back out of the deal due to buyer’s remorse. The judge declared that a five-day trial will commence in October, a shorter timeframe than Musk was seeking.A Complicated Narrative for TWTR StockAlthough securing an October trial represents a victory for Twitter, it’s essentially a run in the early innings of the World Series. And while merger and acquisition experts agree that the social media firm has the stronger legal argument, that by itself does not guarantee a positive outcome for TWTR stock.For one thing, the courtroom can be an unpredictable environment. History is replete with examples of both civil and criminal suits that have ultimately gone the contrarian route. Also, it’s fair to point out that Musk will almost surely hire one of the best legal teams money can buy.Second, even if Twitter comes out victorious in the courtroom, the victory could be Pyrrhic in nature. Essentially, great uncertainties surround the business and the broader social media industry, thus imposing a dark cloud over TWTR stock.As CNN Business journalist Clare Duffy stated, Twitter “was already struggling to grow its advertising business and user base before Musk’s involvement.”In addition, Duffy noted that, “Twitter needs a swift resolution to the battle with Musk in order to limit the uncertainty for its shareholders, employees and customers, and any fallout for its business that could be exacerbated by costly, prolonged litigation.”Why It MattersAnother factor to consider in this legal mess is Musk’s reputation. Known for stirring the pot, he appears to relish the spotlight.Though attorneys ethically should avoid irrelevant character attacks, it happens rather frequently. In addition, the scope of Musk’s outbursts may unfavorably influence the upcoming proceedings.Therefore, it may be anyone’s guess how this play outs for both the tech pioneer and TWTR stock.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9074328278,"gmtCreate":1658299909394,"gmtModify":1676536137607,"author":{"id":"4087109808120260","authorId":"4087109808120260","name":"Tanyl","avatar":"https://static.tigerbbs.com/174329973340cf0f5b68791ee5b08afd","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"4087109808120260","authorIdStr":"4087109808120260"},"htmlText":"Twitter will drop very soon","listText":"Twitter will drop very soon","text":"Twitter will drop very soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074328278","repostId":1150799994,"repostType":4,"repost":{"id":"1150799994","pubTimestamp":1658280023,"share":"https://ttm.financial/m/news/1150799994?lang=&edition=fundamental","pubTime":"2022-07-20 09:20","market":"us","language":"en","title":"TWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October","url":"https://stock-news.laohu8.com/highlight/detail?id=1150799994","media":"InvestorPlace","summary":"Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaw","content":"<html><head></head><body><ul><li>Shares of social media platform <b>Twitter</b>(<b><u>TWTR</u></b>) moved higher amid a positive legal development.</li><li>A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of TWTR stock will be heard in October.</li><li>Observing investors should prepare for a potentially messy legal and business slugfest.</li></ul><p>A controversial move from the get-go, <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) CEO Elon Musk’s deal to buy <b>Twitter</b>(NYSE:<b><u>TWTR</u></b>) generated international headlines. However, since the conclusion of negotiations, Musk appears to have developed cold feet, attempting to back out. In response, Twitter filed a lawsuit and a motion to expedite it – one which a Delaware court granted. TWTR stock is up over 3% this afternoon.</p><p>Initially, Musk’s motivations for acquiring Twitter focused on facilitating all voices a chance to be heard in public discourse. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the buyout of TWTR stock. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”</p><p>However, not everyone was happy. As the<i>New York Times</i> pointed out, Twitter “has had an outsize role in shaping narratives around the world. Political leaders have made it a megaphone, while companies, celebrities and others have used it to hone images and build brands.”</p><p>Shortly thereafter, however, the controversy erupted. Musk accused Twitter of not being forthcoming about the platform’s number of bots and spam accounts and withholding data needed to assess the problem.</p><p>Presenting oral arguments before Delaware Court of Chancery, Twitter claimed that Musk’s arguments represented bad-faith attempts to back out of the deal due to buyer’s remorse. The judge declared that a five-day trial will commence in October, a shorter timeframe than Musk was seeking.</p><p><b>A Complicated Narrative for TWTR Stock</b></p><p>Although securing an October trial represents a victory for Twitter, it’s essentially a run in the early innings of the World Series. And while merger and acquisition experts agree that the social media firm has the stronger legal argument, that by itself does not guarantee a positive outcome for TWTR stock.</p><p>For one thing, the courtroom can be an unpredictable environment. History is replete with examples of both civil and criminal suits that have ultimately gone the contrarian route. Also, it’s fair to point out that Musk will almost surely hire one of the best legal teams money can buy.</p><p>Second, even if Twitter comes out victorious in the courtroom, the victory could be Pyrrhic in nature. Essentially, great uncertainties surround the business and the broader social media industry, thus imposing a dark cloud over TWTR stock.</p><p>As <i>CNN Business</i> journalist Clare Duffy stated, Twitter “was already struggling to grow its advertising business and user base before Musk’s involvement.”</p><p>In addition, Duffy noted that, “Twitter needs a swift resolution to the battle with Musk in order to limit the uncertainty for its shareholders, employees and customers, and any fallout for its business that could be exacerbated by costly, prolonged litigation.”</p><p><b>Why It Matters</b></p><p>Another factor to consider in this legal mess is Musk’s reputation. Known for stirring the pot, he appears to relish the spotlight.</p><p>Though attorneys ethically should avoid irrelevant character attacks, it happens rather frequently. In addition, the scope of Musk’s outbursts may unfavorably influence the upcoming proceedings.</p><p>Therefore, it may be anyone’s guess how this play outs for both the tech pioneer and TWTR stock.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-20 09:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of...</p>\n\n<a href=\"https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150799994","content_text":"Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of TWTR stock will be heard in October.Observing investors should prepare for a potentially messy legal and business slugfest.A controversial move from the get-go, Tesla(NASDAQ:TSLA) CEO Elon Musk’s deal to buy Twitter(NYSE:TWTR) generated international headlines. However, since the conclusion of negotiations, Musk appears to have developed cold feet, attempting to back out. In response, Twitter filed a lawsuit and a motion to expedite it – one which a Delaware court granted. TWTR stock is up over 3% this afternoon.Initially, Musk’s motivations for acquiring Twitter focused on facilitating all voices a chance to be heard in public discourse. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the buyout of TWTR stock. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”However, not everyone was happy. As theNew York Times pointed out, Twitter “has had an outsize role in shaping narratives around the world. Political leaders have made it a megaphone, while companies, celebrities and others have used it to hone images and build brands.”Shortly thereafter, however, the controversy erupted. Musk accused Twitter of not being forthcoming about the platform’s number of bots and spam accounts and withholding data needed to assess the problem.Presenting oral arguments before Delaware Court of Chancery, Twitter claimed that Musk’s arguments represented bad-faith attempts to back out of the deal due to buyer’s remorse. The judge declared that a five-day trial will commence in October, a shorter timeframe than Musk was seeking.A Complicated Narrative for TWTR StockAlthough securing an October trial represents a victory for Twitter, it’s essentially a run in the early innings of the World Series. And while merger and acquisition experts agree that the social media firm has the stronger legal argument, that by itself does not guarantee a positive outcome for TWTR stock.For one thing, the courtroom can be an unpredictable environment. History is replete with examples of both civil and criminal suits that have ultimately gone the contrarian route. Also, it’s fair to point out that Musk will almost surely hire one of the best legal teams money can buy.Second, even if Twitter comes out victorious in the courtroom, the victory could be Pyrrhic in nature. Essentially, great uncertainties surround the business and the broader social media industry, thus imposing a dark cloud over TWTR stock.As CNN Business journalist Clare Duffy stated, Twitter “was already struggling to grow its advertising business and user base before Musk’s involvement.”In addition, Duffy noted that, “Twitter needs a swift resolution to the battle with Musk in order to limit the uncertainty for its shareholders, employees and customers, and any fallout for its business that could be exacerbated by costly, prolonged litigation.”Why It MattersAnother factor to consider in this legal mess is Musk’s reputation. Known for stirring the pot, he appears to relish the spotlight.Though attorneys ethically should avoid irrelevant character attacks, it happens rather frequently. In addition, the scope of Musk’s outbursts may unfavorably influence the upcoming proceedings.Therefore, it may be anyone’s guess how this play outs for both the tech pioneer and TWTR stock.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074957800,"gmtCreate":1658286428800,"gmtModify":1676536135366,"author":{"id":"3574167470846346","authorId":"3574167470846346","name":"cozyli","avatar":"https://static.tigerbbs.com/509ef7c09d0624801748249c5a3e0117","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574167470846346","authorIdStr":"3574167470846346"},"htmlText":"Pls like thanks","listText":"Pls like thanks","text":"Pls like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074957800","repostId":1150799994,"repostType":4,"repost":{"id":"1150799994","pubTimestamp":1658280023,"share":"https://ttm.financial/m/news/1150799994?lang=&edition=fundamental","pubTime":"2022-07-20 09:20","market":"us","language":"en","title":"TWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October","url":"https://stock-news.laohu8.com/highlight/detail?id=1150799994","media":"InvestorPlace","summary":"Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaw","content":"<html><head></head><body><ul><li>Shares of social media platform <b>Twitter</b>(<b><u>TWTR</u></b>) moved higher amid a positive legal development.</li><li>A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of TWTR stock will be heard in October.</li><li>Observing investors should prepare for a potentially messy legal and business slugfest.</li></ul><p>A controversial move from the get-go, <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) CEO Elon Musk’s deal to buy <b>Twitter</b>(NYSE:<b><u>TWTR</u></b>) generated international headlines. However, since the conclusion of negotiations, Musk appears to have developed cold feet, attempting to back out. In response, Twitter filed a lawsuit and a motion to expedite it – one which a Delaware court granted. TWTR stock is up over 3% this afternoon.</p><p>Initially, Musk’s motivations for acquiring Twitter focused on facilitating all voices a chance to be heard in public discourse. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the buyout of TWTR stock. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”</p><p>However, not everyone was happy. As the<i>New York Times</i> pointed out, Twitter “has had an outsize role in shaping narratives around the world. Political leaders have made it a megaphone, while companies, celebrities and others have used it to hone images and build brands.”</p><p>Shortly thereafter, however, the controversy erupted. Musk accused Twitter of not being forthcoming about the platform’s number of bots and spam accounts and withholding data needed to assess the problem.</p><p>Presenting oral arguments before Delaware Court of Chancery, Twitter claimed that Musk’s arguments represented bad-faith attempts to back out of the deal due to buyer’s remorse. The judge declared that a five-day trial will commence in October, a shorter timeframe than Musk was seeking.</p><p><b>A Complicated Narrative for TWTR Stock</b></p><p>Although securing an October trial represents a victory for Twitter, it’s essentially a run in the early innings of the World Series. And while merger and acquisition experts agree that the social media firm has the stronger legal argument, that by itself does not guarantee a positive outcome for TWTR stock.</p><p>For one thing, the courtroom can be an unpredictable environment. History is replete with examples of both civil and criminal suits that have ultimately gone the contrarian route. Also, it’s fair to point out that Musk will almost surely hire one of the best legal teams money can buy.</p><p>Second, even if Twitter comes out victorious in the courtroom, the victory could be Pyrrhic in nature. Essentially, great uncertainties surround the business and the broader social media industry, thus imposing a dark cloud over TWTR stock.</p><p>As <i>CNN Business</i> journalist Clare Duffy stated, Twitter “was already struggling to grow its advertising business and user base before Musk’s involvement.”</p><p>In addition, Duffy noted that, “Twitter needs a swift resolution to the battle with Musk in order to limit the uncertainty for its shareholders, employees and customers, and any fallout for its business that could be exacerbated by costly, prolonged litigation.”</p><p><b>Why It Matters</b></p><p>Another factor to consider in this legal mess is Musk’s reputation. Known for stirring the pot, he appears to relish the spotlight.</p><p>Though attorneys ethically should avoid irrelevant character attacks, it happens rather frequently. In addition, the scope of Musk’s outbursts may unfavorably influence the upcoming proceedings.</p><p>Therefore, it may be anyone’s guess how this play outs for both the tech pioneer and TWTR stock.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-20 09:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of...</p>\n\n<a href=\"https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150799994","content_text":"Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of TWTR stock will be heard in October.Observing investors should prepare for a potentially messy legal and business slugfest.A controversial move from the get-go, Tesla(NASDAQ:TSLA) CEO Elon Musk’s deal to buy Twitter(NYSE:TWTR) generated international headlines. However, since the conclusion of negotiations, Musk appears to have developed cold feet, attempting to back out. In response, Twitter filed a lawsuit and a motion to expedite it – one which a Delaware court granted. TWTR stock is up over 3% this afternoon.Initially, Musk’s motivations for acquiring Twitter focused on facilitating all voices a chance to be heard in public discourse. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the buyout of TWTR stock. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”However, not everyone was happy. As theNew York Times pointed out, Twitter “has had an outsize role in shaping narratives around the world. Political leaders have made it a megaphone, while companies, celebrities and others have used it to hone images and build brands.”Shortly thereafter, however, the controversy erupted. Musk accused Twitter of not being forthcoming about the platform’s number of bots and spam accounts and withholding data needed to assess the problem.Presenting oral arguments before Delaware Court of Chancery, Twitter claimed that Musk’s arguments represented bad-faith attempts to back out of the deal due to buyer’s remorse. The judge declared that a five-day trial will commence in October, a shorter timeframe than Musk was seeking.A Complicated Narrative for TWTR StockAlthough securing an October trial represents a victory for Twitter, it’s essentially a run in the early innings of the World Series. And while merger and acquisition experts agree that the social media firm has the stronger legal argument, that by itself does not guarantee a positive outcome for TWTR stock.For one thing, the courtroom can be an unpredictable environment. History is replete with examples of both civil and criminal suits that have ultimately gone the contrarian route. Also, it’s fair to point out that Musk will almost surely hire one of the best legal teams money can buy.Second, even if Twitter comes out victorious in the courtroom, the victory could be Pyrrhic in nature. Essentially, great uncertainties surround the business and the broader social media industry, thus imposing a dark cloud over TWTR stock.As CNN Business journalist Clare Duffy stated, Twitter “was already struggling to grow its advertising business and user base before Musk’s involvement.”In addition, Duffy noted that, “Twitter needs a swift resolution to the battle with Musk in order to limit the uncertainty for its shareholders, employees and customers, and any fallout for its business that could be exacerbated by costly, prolonged litigation.”Why It MattersAnother factor to consider in this legal mess is Musk’s reputation. Known for stirring the pot, he appears to relish the spotlight.Though attorneys ethically should avoid irrelevant character attacks, it happens rather frequently. In addition, the scope of Musk’s outbursts may unfavorably influence the upcoming proceedings.Therefore, it may be anyone’s guess how this play outs for both the tech pioneer and TWTR stock.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074950666,"gmtCreate":1658285282855,"gmtModify":1676536135069,"author":{"id":"4118059011082232","authorId":"4118059011082232","name":"ZhejiangKiwi","avatar":"https://community-static.tradeup.com/news/6b109ba50f825835c17bb800ba364160","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4118059011082232","authorIdStr":"4118059011082232"},"htmlText":"Interesting to see what happens by then.&nbsp;","listText":"Interesting to see what happens by then.&nbsp;","text":"Interesting to see what happens by then.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074950666","repostId":1150799994,"repostType":4,"repost":{"id":"1150799994","pubTimestamp":1658280023,"share":"https://ttm.financial/m/news/1150799994?lang=&edition=fundamental","pubTime":"2022-07-20 09:20","market":"us","language":"en","title":"TWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October","url":"https://stock-news.laohu8.com/highlight/detail?id=1150799994","media":"InvestorPlace","summary":"Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaw","content":"<html><head></head><body><ul><li>Shares of social media platform <b>Twitter</b>(<b><u>TWTR</u></b>) moved higher amid a positive legal development.</li><li>A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of TWTR stock will be heard in October.</li><li>Observing investors should prepare for a potentially messy legal and business slugfest.</li></ul><p>A controversial move from the get-go, <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) CEO Elon Musk’s deal to buy <b>Twitter</b>(NYSE:<b><u>TWTR</u></b>) generated international headlines. However, since the conclusion of negotiations, Musk appears to have developed cold feet, attempting to back out. In response, Twitter filed a lawsuit and a motion to expedite it – one which a Delaware court granted. TWTR stock is up over 3% this afternoon.</p><p>Initially, Musk’s motivations for acquiring Twitter focused on facilitating all voices a chance to be heard in public discourse. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the buyout of TWTR stock. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”</p><p>However, not everyone was happy. As the<i>New York Times</i> pointed out, Twitter “has had an outsize role in shaping narratives around the world. Political leaders have made it a megaphone, while companies, celebrities and others have used it to hone images and build brands.”</p><p>Shortly thereafter, however, the controversy erupted. Musk accused Twitter of not being forthcoming about the platform’s number of bots and spam accounts and withholding data needed to assess the problem.</p><p>Presenting oral arguments before Delaware Court of Chancery, Twitter claimed that Musk’s arguments represented bad-faith attempts to back out of the deal due to buyer’s remorse. The judge declared that a five-day trial will commence in October, a shorter timeframe than Musk was seeking.</p><p><b>A Complicated Narrative for TWTR Stock</b></p><p>Although securing an October trial represents a victory for Twitter, it’s essentially a run in the early innings of the World Series. And while merger and acquisition experts agree that the social media firm has the stronger legal argument, that by itself does not guarantee a positive outcome for TWTR stock.</p><p>For one thing, the courtroom can be an unpredictable environment. History is replete with examples of both civil and criminal suits that have ultimately gone the contrarian route. Also, it’s fair to point out that Musk will almost surely hire one of the best legal teams money can buy.</p><p>Second, even if Twitter comes out victorious in the courtroom, the victory could be Pyrrhic in nature. Essentially, great uncertainties surround the business and the broader social media industry, thus imposing a dark cloud over TWTR stock.</p><p>As <i>CNN Business</i> journalist Clare Duffy stated, Twitter “was already struggling to grow its advertising business and user base before Musk’s involvement.”</p><p>In addition, Duffy noted that, “Twitter needs a swift resolution to the battle with Musk in order to limit the uncertainty for its shareholders, employees and customers, and any fallout for its business that could be exacerbated by costly, prolonged litigation.”</p><p><b>Why It Matters</b></p><p>Another factor to consider in this legal mess is Musk’s reputation. Known for stirring the pot, he appears to relish the spotlight.</p><p>Though attorneys ethically should avoid irrelevant character attacks, it happens rather frequently. In addition, the scope of Musk’s outbursts may unfavorably influence the upcoming proceedings.</p><p>Therefore, it may be anyone’s guess how this play outs for both the tech pioneer and TWTR stock.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-20 09:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of...</p>\n\n<a href=\"https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150799994","content_text":"Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of TWTR stock will be heard in October.Observing investors should prepare for a potentially messy legal and business slugfest.A controversial move from the get-go, Tesla(NASDAQ:TSLA) CEO Elon Musk’s deal to buy Twitter(NYSE:TWTR) generated international headlines. However, since the conclusion of negotiations, Musk appears to have developed cold feet, attempting to back out. In response, Twitter filed a lawsuit and a motion to expedite it – one which a Delaware court granted. TWTR stock is up over 3% this afternoon.Initially, Musk’s motivations for acquiring Twitter focused on facilitating all voices a chance to be heard in public discourse. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the buyout of TWTR stock. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”However, not everyone was happy. As theNew York Times pointed out, Twitter “has had an outsize role in shaping narratives around the world. Political leaders have made it a megaphone, while companies, celebrities and others have used it to hone images and build brands.”Shortly thereafter, however, the controversy erupted. Musk accused Twitter of not being forthcoming about the platform’s number of bots and spam accounts and withholding data needed to assess the problem.Presenting oral arguments before Delaware Court of Chancery, Twitter claimed that Musk’s arguments represented bad-faith attempts to back out of the deal due to buyer’s remorse. The judge declared that a five-day trial will commence in October, a shorter timeframe than Musk was seeking.A Complicated Narrative for TWTR StockAlthough securing an October trial represents a victory for Twitter, it’s essentially a run in the early innings of the World Series. And while merger and acquisition experts agree that the social media firm has the stronger legal argument, that by itself does not guarantee a positive outcome for TWTR stock.For one thing, the courtroom can be an unpredictable environment. History is replete with examples of both civil and criminal suits that have ultimately gone the contrarian route. Also, it’s fair to point out that Musk will almost surely hire one of the best legal teams money can buy.Second, even if Twitter comes out victorious in the courtroom, the victory could be Pyrrhic in nature. Essentially, great uncertainties surround the business and the broader social media industry, thus imposing a dark cloud over TWTR stock.As CNN Business journalist Clare Duffy stated, Twitter “was already struggling to grow its advertising business and user base before Musk’s involvement.”In addition, Duffy noted that, “Twitter needs a swift resolution to the battle with Musk in order to limit the uncertainty for its shareholders, employees and customers, and any fallout for its business that could be exacerbated by costly, prolonged litigation.”Why It MattersAnother factor to consider in this legal mess is Musk’s reputation. Known for stirring the pot, he appears to relish the spotlight.Though attorneys ethically should avoid irrelevant character attacks, it happens rather frequently. In addition, the scope of Musk’s outbursts may unfavorably influence the upcoming proceedings.Therefore, it may be anyone’s guess how this play outs for both the tech pioneer and TWTR stock.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074925336,"gmtCreate":1658284901425,"gmtModify":1676536134983,"author":{"id":"3578790486524477","authorId":"3578790486524477","name":"hphoa","avatar":"https://community-static.tradeup.com/news/28a11e936497493af7ee5ccdc32238a3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3578790486524477","authorIdStr":"3578790486524477"},"htmlText":"Kk","listText":"Kk","text":"Kk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074925336","repostId":1150799994,"repostType":4,"repost":{"id":"1150799994","pubTimestamp":1658280023,"share":"https://ttm.financial/m/news/1150799994?lang=&edition=fundamental","pubTime":"2022-07-20 09:20","market":"us","language":"en","title":"TWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October","url":"https://stock-news.laohu8.com/highlight/detail?id=1150799994","media":"InvestorPlace","summary":"Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaw","content":"<html><head></head><body><ul><li>Shares of social media platform <b>Twitter</b>(<b><u>TWTR</u></b>) moved higher amid a positive legal development.</li><li>A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of TWTR stock will be heard in October.</li><li>Observing investors should prepare for a potentially messy legal and business slugfest.</li></ul><p>A controversial move from the get-go, <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) CEO Elon Musk’s deal to buy <b>Twitter</b>(NYSE:<b><u>TWTR</u></b>) generated international headlines. However, since the conclusion of negotiations, Musk appears to have developed cold feet, attempting to back out. In response, Twitter filed a lawsuit and a motion to expedite it – one which a Delaware court granted. TWTR stock is up over 3% this afternoon.</p><p>Initially, Musk’s motivations for acquiring Twitter focused on facilitating all voices a chance to be heard in public discourse. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the buyout of TWTR stock. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”</p><p>However, not everyone was happy. As the<i>New York Times</i> pointed out, Twitter “has had an outsize role in shaping narratives around the world. Political leaders have made it a megaphone, while companies, celebrities and others have used it to hone images and build brands.”</p><p>Shortly thereafter, however, the controversy erupted. Musk accused Twitter of not being forthcoming about the platform’s number of bots and spam accounts and withholding data needed to assess the problem.</p><p>Presenting oral arguments before Delaware Court of Chancery, Twitter claimed that Musk’s arguments represented bad-faith attempts to back out of the deal due to buyer’s remorse. The judge declared that a five-day trial will commence in October, a shorter timeframe than Musk was seeking.</p><p><b>A Complicated Narrative for TWTR Stock</b></p><p>Although securing an October trial represents a victory for Twitter, it’s essentially a run in the early innings of the World Series. And while merger and acquisition experts agree that the social media firm has the stronger legal argument, that by itself does not guarantee a positive outcome for TWTR stock.</p><p>For one thing, the courtroom can be an unpredictable environment. History is replete with examples of both civil and criminal suits that have ultimately gone the contrarian route. Also, it’s fair to point out that Musk will almost surely hire one of the best legal teams money can buy.</p><p>Second, even if Twitter comes out victorious in the courtroom, the victory could be Pyrrhic in nature. Essentially, great uncertainties surround the business and the broader social media industry, thus imposing a dark cloud over TWTR stock.</p><p>As <i>CNN Business</i> journalist Clare Duffy stated, Twitter “was already struggling to grow its advertising business and user base before Musk’s involvement.”</p><p>In addition, Duffy noted that, “Twitter needs a swift resolution to the battle with Musk in order to limit the uncertainty for its shareholders, employees and customers, and any fallout for its business that could be exacerbated by costly, prolonged litigation.”</p><p><b>Why It Matters</b></p><p>Another factor to consider in this legal mess is Musk’s reputation. Known for stirring the pot, he appears to relish the spotlight.</p><p>Though attorneys ethically should avoid irrelevant character attacks, it happens rather frequently. In addition, the scope of Musk’s outbursts may unfavorably influence the upcoming proceedings.</p><p>Therefore, it may be anyone’s guess how this play outs for both the tech pioneer and TWTR stock.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-20 09:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of...</p>\n\n<a href=\"https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150799994","content_text":"Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of TWTR stock will be heard in October.Observing investors should prepare for a potentially messy legal and business slugfest.A controversial move from the get-go, Tesla(NASDAQ:TSLA) CEO Elon Musk’s deal to buy Twitter(NYSE:TWTR) generated international headlines. However, since the conclusion of negotiations, Musk appears to have developed cold feet, attempting to back out. In response, Twitter filed a lawsuit and a motion to expedite it – one which a Delaware court granted. TWTR stock is up over 3% this afternoon.Initially, Musk’s motivations for acquiring Twitter focused on facilitating all voices a chance to be heard in public discourse. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the buyout of TWTR stock. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”However, not everyone was happy. As theNew York Times pointed out, Twitter “has had an outsize role in shaping narratives around the world. Political leaders have made it a megaphone, while companies, celebrities and others have used it to hone images and build brands.”Shortly thereafter, however, the controversy erupted. Musk accused Twitter of not being forthcoming about the platform’s number of bots and spam accounts and withholding data needed to assess the problem.Presenting oral arguments before Delaware Court of Chancery, Twitter claimed that Musk’s arguments represented bad-faith attempts to back out of the deal due to buyer’s remorse. The judge declared that a five-day trial will commence in October, a shorter timeframe than Musk was seeking.A Complicated Narrative for TWTR StockAlthough securing an October trial represents a victory for Twitter, it’s essentially a run in the early innings of the World Series. And while merger and acquisition experts agree that the social media firm has the stronger legal argument, that by itself does not guarantee a positive outcome for TWTR stock.For one thing, the courtroom can be an unpredictable environment. History is replete with examples of both civil and criminal suits that have ultimately gone the contrarian route. Also, it’s fair to point out that Musk will almost surely hire one of the best legal teams money can buy.Second, even if Twitter comes out victorious in the courtroom, the victory could be Pyrrhic in nature. Essentially, great uncertainties surround the business and the broader social media industry, thus imposing a dark cloud over TWTR stock.As CNN Business journalist Clare Duffy stated, Twitter “was already struggling to grow its advertising business and user base before Musk’s involvement.”In addition, Duffy noted that, “Twitter needs a swift resolution to the battle with Musk in order to limit the uncertainty for its shareholders, employees and customers, and any fallout for its business that could be exacerbated by costly, prolonged litigation.”Why It MattersAnother factor to consider in this legal mess is Musk’s reputation. Known for stirring the pot, he appears to relish the spotlight.Though attorneys ethically should avoid irrelevant character attacks, it happens rather frequently. In addition, the scope of Musk’s outbursts may unfavorably influence the upcoming proceedings.Therefore, it may be anyone’s guess how this play outs for both the tech pioneer and TWTR stock.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074984693,"gmtCreate":1658282659312,"gmtModify":1676536134544,"author":{"id":"3581585697986903","authorId":"3581585697986903","name":"Zeruel","avatar":"https://static.tigerbbs.com/eecf09841f50906eaebded07a6c16ff0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581585697986903","authorIdStr":"3581585697986903"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074984693","repostId":1150799994,"repostType":4,"repost":{"id":"1150799994","pubTimestamp":1658280023,"share":"https://ttm.financial/m/news/1150799994?lang=&edition=fundamental","pubTime":"2022-07-20 09:20","market":"us","language":"en","title":"TWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October","url":"https://stock-news.laohu8.com/highlight/detail?id=1150799994","media":"InvestorPlace","summary":"Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaw","content":"<html><head></head><body><ul><li>Shares of social media platform <b>Twitter</b>(<b><u>TWTR</u></b>) moved higher amid a positive legal development.</li><li>A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of TWTR stock will be heard in October.</li><li>Observing investors should prepare for a potentially messy legal and business slugfest.</li></ul><p>A controversial move from the get-go, <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) CEO Elon Musk’s deal to buy <b>Twitter</b>(NYSE:<b><u>TWTR</u></b>) generated international headlines. However, since the conclusion of negotiations, Musk appears to have developed cold feet, attempting to back out. In response, Twitter filed a lawsuit and a motion to expedite it – one which a Delaware court granted. TWTR stock is up over 3% this afternoon.</p><p>Initially, Musk’s motivations for acquiring Twitter focused on facilitating all voices a chance to be heard in public discourse. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the buyout of TWTR stock. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”</p><p>However, not everyone was happy. As the<i>New York Times</i> pointed out, Twitter “has had an outsize role in shaping narratives around the world. Political leaders have made it a megaphone, while companies, celebrities and others have used it to hone images and build brands.”</p><p>Shortly thereafter, however, the controversy erupted. Musk accused Twitter of not being forthcoming about the platform’s number of bots and spam accounts and withholding data needed to assess the problem.</p><p>Presenting oral arguments before Delaware Court of Chancery, Twitter claimed that Musk’s arguments represented bad-faith attempts to back out of the deal due to buyer’s remorse. The judge declared that a five-day trial will commence in October, a shorter timeframe than Musk was seeking.</p><p><b>A Complicated Narrative for TWTR Stock</b></p><p>Although securing an October trial represents a victory for Twitter, it’s essentially a run in the early innings of the World Series. And while merger and acquisition experts agree that the social media firm has the stronger legal argument, that by itself does not guarantee a positive outcome for TWTR stock.</p><p>For one thing, the courtroom can be an unpredictable environment. History is replete with examples of both civil and criminal suits that have ultimately gone the contrarian route. Also, it’s fair to point out that Musk will almost surely hire one of the best legal teams money can buy.</p><p>Second, even if Twitter comes out victorious in the courtroom, the victory could be Pyrrhic in nature. Essentially, great uncertainties surround the business and the broader social media industry, thus imposing a dark cloud over TWTR stock.</p><p>As <i>CNN Business</i> journalist Clare Duffy stated, Twitter “was already struggling to grow its advertising business and user base before Musk’s involvement.”</p><p>In addition, Duffy noted that, “Twitter needs a swift resolution to the battle with Musk in order to limit the uncertainty for its shareholders, employees and customers, and any fallout for its business that could be exacerbated by costly, prolonged litigation.”</p><p><b>Why It Matters</b></p><p>Another factor to consider in this legal mess is Musk’s reputation. Known for stirring the pot, he appears to relish the spotlight.</p><p>Though attorneys ethically should avoid irrelevant character attacks, it happens rather frequently. In addition, the scope of Musk’s outbursts may unfavorably influence the upcoming proceedings.</p><p>Therefore, it may be anyone’s guess how this play outs for both the tech pioneer and TWTR stock.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-20 09:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of...</p>\n\n<a href=\"https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150799994","content_text":"Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of TWTR stock will be heard in October.Observing investors should prepare for a potentially messy legal and business slugfest.A controversial move from the get-go, Tesla(NASDAQ:TSLA) CEO Elon Musk’s deal to buy Twitter(NYSE:TWTR) generated international headlines. However, since the conclusion of negotiations, Musk appears to have developed cold feet, attempting to back out. In response, Twitter filed a lawsuit and a motion to expedite it – one which a Delaware court granted. TWTR stock is up over 3% this afternoon.Initially, Musk’s motivations for acquiring Twitter focused on facilitating all voices a chance to be heard in public discourse. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the buyout of TWTR stock. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”However, not everyone was happy. As theNew York Times pointed out, Twitter “has had an outsize role in shaping narratives around the world. Political leaders have made it a megaphone, while companies, celebrities and others have used it to hone images and build brands.”Shortly thereafter, however, the controversy erupted. Musk accused Twitter of not being forthcoming about the platform’s number of bots and spam accounts and withholding data needed to assess the problem.Presenting oral arguments before Delaware Court of Chancery, Twitter claimed that Musk’s arguments represented bad-faith attempts to back out of the deal due to buyer’s remorse. The judge declared that a five-day trial will commence in October, a shorter timeframe than Musk was seeking.A Complicated Narrative for TWTR StockAlthough securing an October trial represents a victory for Twitter, it’s essentially a run in the early innings of the World Series. And while merger and acquisition experts agree that the social media firm has the stronger legal argument, that by itself does not guarantee a positive outcome for TWTR stock.For one thing, the courtroom can be an unpredictable environment. History is replete with examples of both civil and criminal suits that have ultimately gone the contrarian route. Also, it’s fair to point out that Musk will almost surely hire one of the best legal teams money can buy.Second, even if Twitter comes out victorious in the courtroom, the victory could be Pyrrhic in nature. Essentially, great uncertainties surround the business and the broader social media industry, thus imposing a dark cloud over TWTR stock.As CNN Business journalist Clare Duffy stated, Twitter “was already struggling to grow its advertising business and user base before Musk’s involvement.”In addition, Duffy noted that, “Twitter needs a swift resolution to the battle with Musk in order to limit the uncertainty for its shareholders, employees and customers, and any fallout for its business that could be exacerbated by costly, prolonged litigation.”Why It MattersAnother factor to consider in this legal mess is Musk’s reputation. Known for stirring the pot, he appears to relish the spotlight.Though attorneys ethically should avoid irrelevant character attacks, it happens rather frequently. In addition, the scope of Musk’s outbursts may unfavorably influence the upcoming proceedings.Therefore, it may be anyone’s guess how this play outs for both the tech pioneer and TWTR stock.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074984113,"gmtCreate":1658282639732,"gmtModify":1676536134543,"author":{"id":"3572874548548490","authorId":"3572874548548490","name":"kevinlaisq","avatar":"https://static.tigerbbs.com/329de1199f764a89b7cadf50308e183d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3572874548548490","authorIdStr":"3572874548548490"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074984113","repostId":1150799994,"repostType":4,"repost":{"id":"1150799994","pubTimestamp":1658280023,"share":"https://ttm.financial/m/news/1150799994?lang=&edition=fundamental","pubTime":"2022-07-20 09:20","market":"us","language":"en","title":"TWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October","url":"https://stock-news.laohu8.com/highlight/detail?id=1150799994","media":"InvestorPlace","summary":"Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaw","content":"<html><head></head><body><ul><li>Shares of social media platform <b>Twitter</b>(<b><u>TWTR</u></b>) moved higher amid a positive legal development.</li><li>A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of TWTR stock will be heard in October.</li><li>Observing investors should prepare for a potentially messy legal and business slugfest.</li></ul><p>A controversial move from the get-go, <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) CEO Elon Musk’s deal to buy <b>Twitter</b>(NYSE:<b><u>TWTR</u></b>) generated international headlines. However, since the conclusion of negotiations, Musk appears to have developed cold feet, attempting to back out. In response, Twitter filed a lawsuit and a motion to expedite it – one which a Delaware court granted. TWTR stock is up over 3% this afternoon.</p><p>Initially, Musk’s motivations for acquiring Twitter focused on facilitating all voices a chance to be heard in public discourse. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the buyout of TWTR stock. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”</p><p>However, not everyone was happy. As the<i>New York Times</i> pointed out, Twitter “has had an outsize role in shaping narratives around the world. Political leaders have made it a megaphone, while companies, celebrities and others have used it to hone images and build brands.”</p><p>Shortly thereafter, however, the controversy erupted. Musk accused Twitter of not being forthcoming about the platform’s number of bots and spam accounts and withholding data needed to assess the problem.</p><p>Presenting oral arguments before Delaware Court of Chancery, Twitter claimed that Musk’s arguments represented bad-faith attempts to back out of the deal due to buyer’s remorse. The judge declared that a five-day trial will commence in October, a shorter timeframe than Musk was seeking.</p><p><b>A Complicated Narrative for TWTR Stock</b></p><p>Although securing an October trial represents a victory for Twitter, it’s essentially a run in the early innings of the World Series. And while merger and acquisition experts agree that the social media firm has the stronger legal argument, that by itself does not guarantee a positive outcome for TWTR stock.</p><p>For one thing, the courtroom can be an unpredictable environment. History is replete with examples of both civil and criminal suits that have ultimately gone the contrarian route. Also, it’s fair to point out that Musk will almost surely hire one of the best legal teams money can buy.</p><p>Second, even if Twitter comes out victorious in the courtroom, the victory could be Pyrrhic in nature. Essentially, great uncertainties surround the business and the broader social media industry, thus imposing a dark cloud over TWTR stock.</p><p>As <i>CNN Business</i> journalist Clare Duffy stated, Twitter “was already struggling to grow its advertising business and user base before Musk’s involvement.”</p><p>In addition, Duffy noted that, “Twitter needs a swift resolution to the battle with Musk in order to limit the uncertainty for its shareholders, employees and customers, and any fallout for its business that could be exacerbated by costly, prolonged litigation.”</p><p><b>Why It Matters</b></p><p>Another factor to consider in this legal mess is Musk’s reputation. Known for stirring the pot, he appears to relish the spotlight.</p><p>Though attorneys ethically should avoid irrelevant character attacks, it happens rather frequently. In addition, the scope of Musk’s outbursts may unfavorably influence the upcoming proceedings.</p><p>Therefore, it may be anyone’s guess how this play outs for both the tech pioneer and TWTR stock.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTWTR Stock Gains With Twitter-Elon Musk Lawsuit Set for October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-20 09:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of...</p>\n\n<a href=\"https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://investorplace.com/2022/07/twtr-stock-gains-with-twitter-elon-musk-lawsuit-set-for-october/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150799994","content_text":"Shares of social media platform Twitter(TWTR) moved higher amid a positive legal development.A Delaware court ruled that Twitter’s lawsuit against Elon Musk for attempting to back out of his buyout of TWTR stock will be heard in October.Observing investors should prepare for a potentially messy legal and business slugfest.A controversial move from the get-go, Tesla(NASDAQ:TSLA) CEO Elon Musk’s deal to buy Twitter(NYSE:TWTR) generated international headlines. However, since the conclusion of negotiations, Musk appears to have developed cold feet, attempting to back out. In response, Twitter filed a lawsuit and a motion to expedite it – one which a Delaware court granted. TWTR stock is up over 3% this afternoon.Initially, Musk’s motivations for acquiring Twitter focused on facilitating all voices a chance to be heard in public discourse. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement announcing the buyout of TWTR stock. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”However, not everyone was happy. As theNew York Times pointed out, Twitter “has had an outsize role in shaping narratives around the world. Political leaders have made it a megaphone, while companies, celebrities and others have used it to hone images and build brands.”Shortly thereafter, however, the controversy erupted. Musk accused Twitter of not being forthcoming about the platform’s number of bots and spam accounts and withholding data needed to assess the problem.Presenting oral arguments before Delaware Court of Chancery, Twitter claimed that Musk’s arguments represented bad-faith attempts to back out of the deal due to buyer’s remorse. The judge declared that a five-day trial will commence in October, a shorter timeframe than Musk was seeking.A Complicated Narrative for TWTR StockAlthough securing an October trial represents a victory for Twitter, it’s essentially a run in the early innings of the World Series. And while merger and acquisition experts agree that the social media firm has the stronger legal argument, that by itself does not guarantee a positive outcome for TWTR stock.For one thing, the courtroom can be an unpredictable environment. History is replete with examples of both civil and criminal suits that have ultimately gone the contrarian route. Also, it’s fair to point out that Musk will almost surely hire one of the best legal teams money can buy.Second, even if Twitter comes out victorious in the courtroom, the victory could be Pyrrhic in nature. Essentially, great uncertainties surround the business and the broader social media industry, thus imposing a dark cloud over TWTR stock.As CNN Business journalist Clare Duffy stated, Twitter “was already struggling to grow its advertising business and user base before Musk’s involvement.”In addition, Duffy noted that, “Twitter needs a swift resolution to the battle with Musk in order to limit the uncertainty for its shareholders, employees and customers, and any fallout for its business that could be exacerbated by costly, prolonged litigation.”Why It MattersAnother factor to consider in this legal mess is Musk’s reputation. Known for stirring the pot, he appears to relish the spotlight.Though attorneys ethically should avoid irrelevant character attacks, it happens rather frequently. In addition, the scope of Musk’s outbursts may unfavorably influence the upcoming proceedings.Therefore, it may be anyone’s guess how this play outs for both the tech pioneer and TWTR stock.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":107,"commentSize":11,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1150799994"}