Elon Musk wants to buy twitter for 41.39bn $
Q post 4139 is about twitter
(media.greatawakening.win)
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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…
It rose due to both. However when are you referring to with, "it crashed"?
Is that current?
10% or greater decline is a “crash” theyre down 10%+ from April 5th…