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Something happened, now this stock is moving

Twitter Inc. (NYSE:TWTR) had a major announcement today, which has pushed up the stock price by 5.66% as at 5am Sydney time.

Twitter Inc. announced that it has accepted Elon Musk’s takeover offer for US$44bn, or US$54.20/share, to take the 16-year-old social media company private.

Following today’s announcement, Twitter Inc. stock is now up 21.2% year to date.

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