3 ms·
> Is this true? My understanding is that the "crash" is inline with other tech companies losing value in the same period. It spiked because of his antics and t
by vitus 4y ago
> Is this true? My understanding is that the "crash" is inline with other tech companies losing value in the same period.
It spiked because of his antics and then crashed because of his antics.
Twitter stock today ($42.52) is basically where it was at the beginning of the year ($42.66 on Jan 3), on April 1 ($39.31, right before it was disclosed that Musk was the single largest shareholder), and where it was on May 16 ($37.39, after most of the fallout of him pulling out).
Please let me know if another tech stock's price has jumps that are aligned with those events.
- parineum 4y agowouldn't the "damages" be the difference between today's price and the price it would be today had there been no actions by Musk? I'm having trouble finding a shareable link but it's clear he had an effect on the price when he made the offer and when he pulled out but, to me, TWTR appears to have gained in value compared to AMZN, GOOG and AAPL YTD.