Skip to content
Логото на блога на Делтасток

facebooktwitteryoutubelinkedin telegram

Log into DT Web

  • Categories
    • Market news
    • Investments
    • Market trends
    • Technical analysis
    • Company news
  • Visit homepage
  • Free demo with 10,000 EUR
  • Educational resources
  • About us
  • Български

Twitter Shares Tumble While Elon Musk Looks for Fake Accounts

Posted on May 13, 2022May 13, 2022

Woman on laptop sitting next to Anonymous mask

Source: Dreamstime | Author: Neydtstock

Reading time: 1 minute

The shares of the social network Twitter tumbled 15% on Friday after the possible future owner Elon Musk put the deal “temporarily on hold”.

According to a Reuters publication, the reason for this is Musk’s decision to wait for data on the share of fake and bot accounts on Twitter.

“Twitter deal is temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk told his more than 92 million Twitter followers on Friday.

After the tweet, the social network shares fell to $38.57 – one of the lowest prices since April when Musk announced his plans to buy it at $54.20 per share, totalling $44 bln. 

The number of fake accounts is essential in terms of monetisation and the actual number of active daily users who are served advertising in the social network. Musk himself said recently that one of his main priorities would be to remove “spambots” from the platform when he becomes the owner.

***

Capitalise on the market movements – trade CFDs on Twitter and 1000+ other popular shares at competitive conditions and tight spreads.

 


TRADE TWTR TODAY
Posted in Market news and tagged Delta Trading, Elon Musk, Musk probes Twitter's fake account figures, Twitter buyout put on hold, Twitter shares meltdown.

DeltaStock

View posts by DeltaStock

Categories

  • Company news
  • Investments
  • Market news
  • Market trends
  • Technical analysis
  • Uncategorised

Recent Posts

  • BoJ intervention incoming?
  • Rate Hikes or Rate Cuts? What will the Fed and ECB do?
  • Meme Stocks: Should I Buy, Or Should I Sell
  • Non-working day on September 6 (Wednesday)
  • Changes to trading hours on September 4 and 5 (Monday and Tuesday)
  • Jerome Powell’s Jackson Hole Speech: Most Important Takeaways
  • Changes to trading hours on August 28 and 29 (Monday and Tuesday)
  • The ‘Perfect Storm’: High Rates, China Fears and Stock Market Volatility
  • Chinese Economy Faces New Concerns Amidst Banking Industry Stress
  • Trade CFDs on XRP (Ripple)
Working hours:
Monday – Friday
09:00 – 17:45
E-mail:
office@deltastock.bg
frontoffice@deltastock.bg
Phones:
02 811 50 10
0700 18 180
Dealers/brokers:
02 811 50 51
02 811 50 61
A SiteOrigin Theme

Представената информация не е предназначена за използване от или за разпространение на лица от страни или юрисдикции, когато такова използване или разпространение би било в противоречие с местното законодателство.

Регулация в ЕС: "Делтасток" АД има право на дейност в Европейското икономическо пространство (ЕИП) по MiFID. Дружеството притежава пълен лиценз от Комисията за финансов надзор (КФН) № РГ-03-0146.

Copyright © 1998-2023 Deltastock AD

ДЗР са сложни инструменти и носят висок риск от бърза загуба на средства в резултат на ливъридж. 60% от сметките на инвеститорите на дребно губят пари, когато търгуват ДЗР с този доставчик.
Помислете дали разбирате как функционират ДЗР и дали можете да си позволите да поемате високия риск от загуба на парите си.