Elon Musk’s bid for Twitter is generating all the buzz, overshadowing everything else, including mixed financial results early Thursday that underline an urgency for change at the company, financial analysts contend.
Elon Musk’s bid for Twitter Inc. is generating buzz that overshadows everything else, including mixed financial results early Thursday that underline an urgency for change at the company, financial analysts contended.
See also: Elon Musk has a deal to buy Twitter at $54.20. Should you buy it cheaper now and make a tidy profit? Proceed with caution, experts say. The healthy profit should also allay worries about Twitter’s financial standing as Musk moves inevitably to a proposed $44 billion acquisition. But analysts expecting any more details on Twitter’s future were left with more questions than answers. Feeding the uncertainty, there was no conference call, shareholder letter or guidance — understandable, given the pending Musk acquisition.
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