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I'm curious what would happen if Twitter stock price goes above Musk's offer price of $54.20 during this legal battle.
by rot13xor 4y ago
I'm curious what would happen if Twitter stock price goes above Musk's offer price of $54.20 during this legal battle.
- tsimionescu 4y agoFor that to happen, the market would have to (1) believe there is a very very high probability that the deal won't happen, and (2) believe Twitter is suddenly going to grow significantly. Neither of these seem very likely, especially in combination.
- daemin 4y agoThere's also a third irrational option, with another gamestop style buying spree lifting the share price up.