Twitter's shares still trade below Elon Musk’s proposed price, a sign that some shareholders remain skeptical a deal will happen
Shares of the social-media company still trade below Mr. Musk’s proposed price, a sign that some shareholders remain skeptical a deal will happen
As Elon Musk attempts to buy Twitter, WSJ looks back at Twitter’s past suitors, like Salesforce, Disney and Alphabet. Tech reporter Tim Higgins explains why those past conversations fell through and what’s different this time. Illustration: Nikki WalkerTwitter Inc. shares edged higher in premarket trading Monday, buoyed by expectations that the company could complete a deal to sell itself to Elon Musk as soon as this week.
Shares of the social-media company advanced about 0.5% to $49.15 in early premarket trading, pointing to possible gains when the market opens Monday. Twitter’s stock has swung wildly this month as investors have followed the twists and turns of Mr. Musk’s bid to buy the San Francisco-based company.
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