Twitter's shares drop 7% day after Elon Musk abandons bid, triggering legal battle - Shahpur Turk CSC - Common Service Centre in Sonipat Twitter's shares drop 7% day after Elon Musk abandons bid, triggering legal battle

14 July 2022

Twitter's shares drop 7% day after Elon Musk abandons bid, triggering legal battle

Shares of Twitter slid more than 7% on the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company and the social media platform vowed to challenge Musk in court to uphold the agreement.

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