Tuesday, October 4, was the second consecutive day market participants rushed into stock as a short-term recovery occurred after the recent ຕະຫຼາດຫຸ້ນ rout caused by the Federal Reserve’s (Fed) latest interest rate hike.
One of the stocks that stood out during the market run-up was Twitter (NYSE: TWTR) which surged 22.24% on the news that Tesla (NASDAQ: TSLA) CEO, Elon Musk, will, in fact, proceed with the purchase of the social media platform. The initial deal still looks to be on the table where TWTR would be bought at $54.20 a share, a $44 billion deal.
Elon Musk tweeted on October 5: “Buying Twitter is an accelerant to creating X, the everything app,” giving rise to rumors about his previous idea of creating an everything app at x.com, a potential Twitter rival.
ຕາຕະລາງ TWTR ແລະການວິເຄາະ
Notably, TWTR is one of the better-performing stocks in the Interactive Media & Services industry, outperforming 91% of 80 stocks in the same industry. Over the last month, the stock ຊື້ຂາຍ in a wide range from $39.30 to $52.30, shooting above all moving average.
ການວິເຄາະດ້ານວິຊາການ ບົ່ງບອກກ ເຂດສະ ໜັບ ສະ ໜູນ ຈາກ $ 41.92 ເຖິງ $ 43.22.
Wall Street analysts rate Twitter stock a ‘hold,’ with the average price in the next 12 months reaching $40.77, -21.60%. than the current trading price of $52.00. Notably, out of 18 Wall Street analysts, two have a ‘buy’ rating, and sixteen have a ‘hold’ rating.
The sharp jump in TWTR price seen during yesterday’s trading session was the biggest gain since April the stock has had after the initial news emerged surrounding Musk’s acquisition of Twitter. Albeit, TWTR is still off of its 52-week high of $68.41, seen in 2021.
ຊື້ຮຸ້ນດຽວນີ້ກັບນາຍໜ້າແບບໂຕ້ຕອບ – ເວທີການລົງທຶນທີ່ກ້າວໜ້າທີ່ສຸດ
ຂໍ້ສັງເກດ: ເນື້ອຫາຢູ່ໃນເວັບໄຊທ໌ນີ້ບໍ່ຄວນພິຈາລະນາຄໍາແນະນໍາດ້ານການລົງທຶນ. ການລົງທຶນແມ່ນຄາດຄະເນ. ເມື່ອລົງທຶນ, ທຶນຂອງເຈົ້າມີຄວາມສ່ຽງ.
Source: https://finbold.com/musks-u-turn-on-buying-twitter-twtr-sends-its-shares-soaring-over-20/