The loss sets the pace for Twitter s biggest drop in months, as trading begins again Monday and investors gear up for an inevitable legal battle between Musk and the social medial giant.
Elon Musk, 51, sent a letter to Twitter on Friday saying he was pulling out of the controversial deal he made in April to buy the platform for $54.20 per share, or $44 billion in total.
Lawmakers call for special session to address health-care workers rights regarding vaccinations | Features argusobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from argusobserver.com Daily Mail and Mail on Sunday newspapers.
Dow and S&P 500 finish at records, book 4 weeks of gains in a row MarketWatch 2 hrs ago
MARKET SNAPSHOT
The Dow and S&P 500 index closed at all-time highs Friday, extending their recent rallies to four weeks in a row, amid a fresh flurry of corporate results to end the first week of earnings season.
Investors digested reports from Morgan Stanley, Bank of New York Mellon, Citizens Financial Group and PNC Financial Services Group. How did benchmarks trade?
The Dow Jones Industrial Average rose 164.68 points to end at 34,200.67, a gain of 0.5%, for a record close.
The S&P 500 index climbed 15.05 points, or 0.4%, to close at a record 4,185.47.