Why did Twitter stock drop so much?
The proximate cause of the drop was a series of confusing statements from Musk, who tweeted that the deal was “temporarily on hold” pending an investigation into the total number of bot accounts on the platform.
What happened Twitter stock?
Twitter still remains a publicly-traded company on the New York Stock Exchange and will remain so until the platform is “delisted.”
Did Elon Musk buy Twitter?
Musk sold $8.5 billion worth of Tesla shares in April after he signed his deal to buy Twitter, and it is not clear how much cash he has available to meet his obligation. He has raised $7.1 billion from a group of equity co-investors to reduce his contribution.
What was Twitter's original stock price?
US$26Twitter releases an 800-page prospectus in preparation for the IPO. On November 6, 70 million shares are priced at US$26 and issued by lead underwriter Goldman Sachs. On November 7, trading of the shares begins on the New York Stock Exchange.
Can I still buy Twitter stock?
Can you still buy Twitter stock? Twitter's stock is still trading on the New York Stock Exchange (NYSE) as Musk's deal faces shareholder and regulatory approval, which means you can buy shares if you want to.
Can Twitter stock still be traded?
Twitter still remains a publicly-traded company on the New York Stock Exchange and will remain so until the platform is “delisted.” Up until that time, which could take weeks or months, retail (non-institutional) shareholders can still buy and sell the stock.
How much was Musk's offer for Twitter?
Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. A new filing reveals that Elon Musk plans to front $33.5 billion in his bid to take over Twitter.
Did Twitter do a stock split?
Twitter (TWTR) has 1 split in our Twitter stock split history database. The split for TWTR took place on December 03, 1999. This was a 2 for 1 split, meaning for each share of TWTR owned pre-split, the shareholder now owned 2 shares.
What is the highest Twitter stock has ever been?
The latest closing stock price for Twitter as of June 06, 2022 is 39.56.The all-time high Twitter stock closing price was 77.63 on March 01, 2021.The Twitter 52-week high stock price is 73.34, which is 85.4% above the current share price.More items...
What is Instagram stock price?
Stock market history META PLATFORMS (INSTAGRAM)XPriceMay 6, 2022203.77May 5, 2022208.28May 4, 2022223.41May 3, 2022212.03219 more rows