Twitter shares fall amid concerns over Musk deal ...Middle East

The Hill - Technology

Shares of Twitter fell Friday amid concerns driven by Elon Musk’s potential acquisition of the company and a federal government investigation. Twitter shares closed 4.9 percent lower Friday even as the stock market on the whole rallied into the weekend, slipping to $49.88 per share. The Dow Jones Industrial Average, S&P 500 index and Nasdaq composite all rose more than 2 percent on the day. Musk is seeking to close a deal to purchase the company for $54.20 per share with the backing of several major financial institutions and foreign investment funds, a potential source of national security concerns. Twitter shares fell Friday in part due to reports that Biden administration may

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Last updated : 21 October 2022 clock 11:21 PM

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Twitter shares fall amid concerns over Musk deal ...Middle East

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