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[50] [51] [52] In response, Twitter's stock rose by as much as 27% and Twitter shares experienced the largest intraday surge since Twitter's IPO in 2013. [53] Musk was appointed to Twitter's board on April 9, under a deal that prohibited him from acquiring more than 14.9% of the company. [51] [54] [55]
The company utilized Twitter's application programming interface (API) to integrate StockTwits as its own "highly graphical platform of market news, sentiment and stock-picking tools." [ 5 ] StockTwits utilized " cashtags " with the stock ticker symbol , similar to the Twitter hashtag , as a way of indexing people's thoughts and ideas about a ...
Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino.In a move that, despite Yaccarino's accession, was widely attributed to Musk, [1] [2] Twitter was rebranded to X on July 23, 2023, [3] and its domain name changed from twitter.com to x.com on May 17, 2024.
The lawsuit from the SEC against Musk is essentially about him not disclosing his purchase of a large portion of Twitter’s stock in the months before he announced his intention to buy the company.
Twitter’s Market Cap: $31.34 Billion. Investors use market capitalization, or market cap for short, to gauge a company’s worth, and the market cap is just all the company’s stock combined ...
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On April 15, Twitter's board of directors announced a "poison pill" strategy which would allow shareholders to purchase additional stock in the event of a hostile takeover; the plan expired on April 14, 2023. [26] On April 17, Taylor was urged by Twitter's largest institutional shareholders to "seriously consider" the offer. [6]
Twitter Inc (NYSE: TWTR) is well-positioned to take advantage of online advertising growth in 2021, according to JPMorgan.The Twitter Analyst: Doug Anmuth upgraded Twitter's stock from Neutral to ...