Baku 6° 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
12:51
Farid Shafiyev: 'Elections in Armenia are of interest to us'
Foreign policy12:47
Mammadov: Declaration of 2026 as year of urban planning reflects Azerbaijan's approach to post-conflict reconstruction
Foreign policy12:42
Türkiye arrests ISIS member planning New Year attack
Region12:41
Azerbaijan–Türkiye preferential trade deal may be expanded
Business12:38
Rasulov: Azerbaijan's experience at COP29 created solid institutional basis for WUF13
Infrastructure12:32
Azerbaijan's Karabakh-made goods may enter Türkiye tax-free
Business12:28
Mirziyoyev calls Azerbaijan's accession to Central Asian format historic
Foreign policy12:24
Tourism minister: Montenegro ready to implement even more major projects with Azerbaijan - INTERVIEW
Tourism12:16
Photo