New York Stock Exchange Halts Trading In Twitter Stock As Elon Musk Takeover Looms

(FILES) This file photo taken on October 12, 2021, shows the logo of US social network Twitter on a smartphone screen in Moscow. (Photo by Kirill KUDRYAVTSEV / AFP)

The New York Stock Exchange (NYS) on Monday suspended trading of Twitter stock amid reports the company was close to accepting Tesla boss Elon Musk’s takeover offer.

Around 1850 GMT, the NYSE said trading was halted on Twitter due to news pending. The stock had gained 5.5 percent in the day’s session.

More to follow . . .

Source: Channelstv

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