Sell Twitter, Buy Tesla? Here's the Trade as Do…
By Bret Kenwell Twitter stock is slumping and Tesla stock is popping on concern that Elon Musk will pull his offer for Twitter. Here's how to trade the stocks now. The drama between Twitter (TWTR) – Get Twitter, Inc. Report and Tesla (TSLA) ) – Get Tesla Inc Report CEO Elon Musk refuses to vacate, but can anyone be surprised? Musk's $ 54.20-a-share proposal to buy Twitter — equating to a $ 44 billion deal — has generated a ton of hype. Today, we see Tesla shares ripping and Twitter stock falling — the latter down 9% — as Musk said, “Twitter deal temporarily on hold pending details supporting calcu… → Continue reading
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