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2022-04-25

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Twitter Shares Advance on Possible Deal With Elon Musk

By Caitlin McCabe Twitter Inc. shares climbed in premarket trading Monday, buoyed by expectat

Twitter Shares Advance on Possible Deal With Elon Musk

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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</p>\n<p>\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 <a href=\"https://laohu8.com/S/AONE.U\">one</a> 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</p>\n<p>\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</p>\n<p>\n     The last time Twitter's shares traded above $54.20 was November 2021. With its $51.53 premarket price, the stock is trading about 5% below Mr. Musk's proposed price. If Twitter shares maintain their premarket gains when the U.S. stock market opens Monday, it would bring the price closer to Mr. Musk's proposed price, a sign that shareholders are growing more optimistic that a deal will happen. \n</p>\n<p>\n     Since Mr. Musk disclosed a roughly 9% stake in the company in early April, Twitter shares have climbed 24%, based on Friday's closing price. That has pushed Twitter higher on a year-to-date basis, outpacing other technology companies and the broader market. The S&amp;P 500 is down 10% for the year. \n</p>\n<p>\n     Twitter is expected to report first-quarter earnings Thursday. 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</p>\n<p>\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</p>\n<p>\n     Mr. Musk's bid for the platform has been popular among individual investors, who have poured a net $747 million into the stock in April, according to Vanda Research data through Friday. That is nearly 10 times the average monthly purchase by the group in 2021. As CEO of Tesla, Mr. Musk has built a loyal following of retail investors. Shares of the electric-car maker edged down 3% in premarket trading Monday. \n</p>\n<p>\n     Write to Caitlin McCabe at caitlin.mccabe@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  April 25, 2022 08:06 ET (12:06 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","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>Twitter Shares Advance on Possible Deal With Elon Musk</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\">\nTwitter Shares Advance on Possible Deal With Elon Musk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-25 19:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/twitter-shares-advance-on-possible-deal-with-elon-musk-11650882900?mod=Searchresults_pos1&page=1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Caitlin McCabe \n\n\n \n\n\nTwitter 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. \n\n\n   ...</p>\n\n<a href=\"https://www.wsj.com/articles/twitter-shares-advance-on-possible-deal-with-elon-musk-11650882900?mod=Searchresults_pos1&page=1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter","BK4511":"特斯拉概念","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4550":"红杉资本持仓","BK4555":"新能源车","BK4581":"高盛持仓","BK4548":"巴美列捷福持仓","TSLA":"特斯拉","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4099":"汽车制造商","BK4574":"无人驾驶","BK4551":"寇图资本持仓"},"source_url":"https://www.wsj.com/articles/twitter-shares-advance-on-possible-deal-with-elon-musk-11650882900?mod=Searchresults_pos1&page=1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2230145881","content_text":"By Caitlin McCabe \n\n\n \n\n\nTwitter 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. \n\n\n     Shares of the social-media company advanced 5.3% to $51.53 in premarket trading, pointing to possible gains when the market opens Monday. 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. With its $51.53 premarket price, the stock is trading about 5% below Mr. Musk's proposed price. If Twitter shares maintain their premarket gains when the U.S. stock market opens Monday, it would bring the price closer to Mr. Musk's proposed price, a sign that shareholders are growing more optimistic that a deal will happen. \n\n\n     Since Mr. Musk disclosed a roughly 9% stake in the company in early April, Twitter shares have climbed 24%, based on Friday's closing price. That has pushed Twitter higher on a year-to-date basis, outpacing other technology companies and the broader market. The S&P 500 is down 10% for the year. \n\n\n     Twitter is expected to report first-quarter earnings Thursday. 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.","news_type":1},"isVote":1,"tweetType":1,"viewCount":307,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":8,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}