Why would it plummet? It’s valuation is not bolstered by a takeover effort. If it was trading at 54 already, sure but it’s trading at 45, a failed takeover is priced in.
It rose Because Elon investing increased speculation amongst investors. If he backed out right away that speculation would have a whiplash effect in my view.
When the board rejects Elons offer?
Then Twitter stock plummets and destroys itself. Win win.
Doubt
Why would it plummet? It’s valuation is not bolstered by a takeover effort. If it was trading at 54 already, sure but it’s trading at 45, a failed takeover is priced in.
Many will dump Twitter stock because they fear it devalueing And else n can buy MORE for greater control...
Devaluing due to what? Once again, a failed takeover is already priced in.
It rose Because Elon investing increased speculation amongst investors. If he backed out right away that speculation would have a whiplash effect in my view.
It rose because he was buying up shares, it then crashed when his position was announced…
Dump on 4/20 like he's done before.