App Development

Hedge Fund Elliott Sold Twitter Stock Before Elon Musk’s Takeover Negotiations

Hedge Fund Elliott Sold Twitter Stock Before Elon Musk’s Takeover Negotiations

Elliott Management exited the Twitter stock during the second quarter after Elon Musk announced plans to buy the social media company, a regulatory filing showed. Therefore, Elliott no longer owned any common stock in Twitter on June 30. It had owned 10 million shares at the end of the first quarter.

Leave a Reply

Your email address will not be published.