Company Of The Day: Twitter

+17.38%
Upside
38.23
Market
44.87
Trefis
TWTR: Twitter logo
TWTR
Twitter

What?

Per SEC filings, Tesla CEO Elon Musk has acquired a 9% passive stake in Twitter (NYSE:TWTR), valued at close to $3 billion as of Friday’s closing.

So What?

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  6. Has Twitter’s Stock Peaked?

Although it isn’t clear what Mr. Musk is planning to do with his stake, Twitter investors like the developments, with the stock rising 27% in Monday’s trading.

See Our Complete Analysis For Twitter

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