Shares of Twitter leapt in morning trading Wednesday, after The Wall Street Journal reported that a judge ruled that Elon Musk can amend his countersuit against $TWTR he's agreed to buy for $44 billion to include a whistleblower report:
Shares of Twitter Inc.
leapt 4.2% in morning trading Wednesday, after The Wall Street Journal reported that a judged ruled that Elon Musk can amend his countersuit against the social media company he's agreed to buy for $44 billion to include a whistleblower report, but denied Musk's request to postpone the trial to November. The judge said the Twitter-versus-Musk trial will still start on Oct. 17, the WSJ report said. Last week, Musk, the chief executive of Tesla Inc.
notified Twitter that he was terminating the merger deal, because of the whistleblower report published last month by the Washington Post, which was for a different reason than the termination letter delivered in July. Twitter's stock has lost 6.8% over the past three months, while Tesla shares, which rose 1.5% on Wednesday, have tumbled 20.9% the past three months and the S&P 500 SPX, +0.61% has declined 5.9%.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DIA Shares Release Date For 1st Comeback In Over 2 YearsDIA has announced the release date of their first comeback in over two years! On September 6 at midnight KST, DIA shared a schedule for the month, which shows the group’s upcoming comeback with “Rooting For You” on September 15, one day after their debut anniversary! “Rooting For You” will feature two tracks and the
Read more »
Kelly Clarkson shares heartfelt post on 20th anniversary of ‘American Idol’ winKelly Clarkson is looking back at the moment that launched her incredible career.
Read more »
Bud's Custom Meats shares flavorful cuts with a side of family traditionBud's Custom Meats in Penngrove, California serves up flavorful cuts of meat.
Read more »
Tesla Owner Shares Why He Bought A Rivian R1T Electric TruckAfter owning multiple Tesla EVs, this guy bought a Rivian R1T electric pickup truck. Here's why he went with Rivian.
Read more »
Chicago area's 'Sickle Cell Diva' shares challenges of living with the inherited blood disorderSickle cell anemia patient Sherrell Johnson has lived with the disease since she was 6 months old, but even her worst crises don't keep her down.
Read more »
ETH Merge: CoinGecko co-founder shares strategy for forked tokensMany believe that after Ethereum transitions to proof-of-stake, a faction of Ether miners will create a PoW fork of the network. CoinGecko co-founder Bobby Ong believes that there are ways for $ETH holders to take advantage of this upcoming event.
Read more »