Baku 10° C
Musk takes 9.2% stake in Twitter, its shares up 28%
Finance
- 04 April, 2022
- 11:10
Twitter shares rose about 28% in pre-market trading after a 13G filing revealed Elon Musk has taken a 9.2% passive stake in the social media company, Report informs referring to foreign media.
Twitter shares were last up 28.49% in at $50.51 in pre-market trading following the news.
The world’s richest man bought nearly 73.5 million shares, a document filed with the US Securities and Exchange Commission shows.
Author
Latest News
10:16
Israel to cut down outbound flights at Ben Gurion Airport to 1 per hour, with only 50 onboard
Other countries09:57
Video
Identity of suspect who blackmailed president's family revealed — NEW DETAILS
Domestic policy09:35
Russia can earn $2 billion from easing of oil sanctions
Region09:23
Air Canada Express jet hits ground vehicle, closing New York's LaGuardia airport
Other countries20:44
Pezeshkian: Strait of Hormuz open to vessels of all countries
Region20:41
Araghchi: Regional war will permanently close door to diplomacy
Region20:33
WHO prepares for possible nuclear risks in Middle East conflict
Health20:21
Jeffries: US needs change in leadership
Other countries20:11