Twitter Shares Advance on Possible Deal With Elon Musk

The Wall Street Journal2022-04-25

By Caitlin McCabe Twitter Inc. shares climbed in premarket trading Monday, buoyed by expectations that the company could complete a deal to sell itself to Elon Musk as soon as this week. ...

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Comments

Looyusooi
2022-04-26
Looyusooi
Ok
copycat
2022-04-26
copycat
Buy
BengHing
2022-04-25
BengHing
Finally!
MrKenny
2022-04-25
MrKenny
Kk
MrKenny
2022-04-25
MrKenny
Great ariticle, would you like to share it?
HeRock
2022-04-25
HeRock
buy

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Twitter's stock has swung wildly this month as investors have followed the twists and turns of Mr. Musk's bid to buy the San Francisco-based company. \n\n\n     The Wall Street Journal reported that the two sides met Sunday to discuss the proposal from Mr. Musk, the chief executive of Tesla Inc. and one of Twitter's most popular and vocal users. The parties were making progress, the Journal reported, a dramatic turnaround from earlier this month, when Twitter was expected to rebuff Mr. Musk's offer. That changed after Mr. Musk said he had lined up $46.5 billion to fund his bid for the company. \n\n\n     Mr. Musk has said that his $54.20-a-share offer is his \"best and final.\" The conversations on Sunday were expected to focus on issues including what Mr. Musk would pay if an agreed deal were to fall apart before being consummated, the Journal reported. \n\n\n     The last time Twitter's shares traded above $54.20 was November 2021. 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Analysts expect the company to report a boost in revenue, but a decline in net income compared with the year before, FactSet data show. \n\n\n     Mr. Musk has indicated he wants to make substantial changes to Twitter, saying the company should shift toward a business model that relies more on subscriptions. He has also said Twitter should soften its stance on content moderation. \n\n\n     Mr. Musk's bid for the platform has been popular among individual investors, who have poured a net $747 million into the stock in April, according to Vanda Research data through Friday. That is nearly 10 times the average monthly purchase by the group in 2021. As CEO of Tesla, Mr. Musk has built a loyal following of retail investors. Shares of the electric-car maker edged down 3% in premarket trading Monday. \n\n\n     Write to Caitlin McCabe at caitlin.mccabe@wsj.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  April 25, 2022 08:06 ET (12:06 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9087917812,"gmtCreate":1650939546435,"gmtModify":1676534820107,"author":{"id":"4100437715079400","authorId":"4100437715079400","name":"Looyusooi","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9087917812","repostId":2230145881,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9084781292,"gmtCreate":1650927567379,"gmtModify":1676534815009,"author":{"id":"3561970400949949","authorId":"3561970400949949","name":"copycat","avatar":"https://static.tigerbbs.com/ff23b85233a021954853d2a464bdaa7e","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084781292","repostId":2230145881,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9084523927,"gmtCreate":1650893021582,"gmtModify":1676534810156,"author":{"id":"3571212121557642","authorId":"3571212121557642","name":"BengHing","avatar":"https://static.tigerbbs.com/977097fd80d1a1120935c2a6cfc8ba1d","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Finally!","listText":"Finally!","text":"Finally!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084523927","repostId":2230145881,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9084567864,"gmtCreate":1650892797607,"gmtModify":1676534810103,"author":{"id":"4087488390591380","authorId":"4087488390591380","name":"MrKenny","avatar":"https://static.tigerbbs.com/d33c328c72534c30c34cb3846253e699","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Kk","listText":"Kk","text":"Kk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084567864","repostId":2230145881,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9084567322,"gmtCreate":1650892792189,"gmtModify":1676534810102,"author":{"id":"4087488390591380","authorId":"4087488390591380","name":"MrKenny","avatar":"https://static.tigerbbs.com/d33c328c72534c30c34cb3846253e699","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084567322","repostId":2230145881,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9084584915,"gmtCreate":1650891736910,"gmtModify":1676534809842,"author":{"id":"3584016424234099","authorId":"3584016424234099","name":"HeRock","avatar":"https://static.tigerbbs.com/44f6d5bfca82d1cd31bc460ab914dcd6","vip":1,"crmLevel":3,"crmLevelSwitch":1},"htmlText":"buy","listText":"buy","text":"buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084584915","repostId":2230145881,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":110,"commentSize":12,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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