Why Twitter Stock (NYSE:TWTR) is Rising While the Market is Falling
September 13 2022 - 02:18PM
TipRanks
Social media company Twitter (NYSE: TWTR) is one of the only
S&P 500 (SPX) stocks in the green today, currently up over 2%,
while the SPX is down 3.2%. This is because Twitter shareholders
voted in favor of selling the company to Elon Musk for $44 billion.
With Twitter's market cap being roughly $32.5 billion, this leaves
plenty of upside potential if the sale happens. However, there will
be a trial next month to decide if the deal can go through or
not.
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Twitter (NYSE:TWTR)
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Twitter (NYSE:TWTR)
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From Feb 2022 to Feb 2023