Stock Market News
Musk’s Twitter deal at risk of being repriced lower – Hindenburg
2022.05.09 18:56
FILE PHOTO: Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration
(Reuters) – Short-seller Hindenburg Research on Monday warned of a “significant risk” that Elon Musk’s $44-billion deal to take Twitter Inc (NYSE:TWTR) private could get repriced lower, sending the shares of the social media platform down 4%.