From Fortune “…
When the stock opened for trading on Thursday morning, it was almost 20% lower than it had been the day before. That wiped more than $2 billion from the company’s market capitalization.
According to anonymous sources who spoke to Recode, neither Google nor Disney are interested in making a bid for the company, although both have reportedly taken a look at doing so. Apple AAPL 1.12% is also not considering an acquisition of the social network, according to similar reports.
Anticipation of an acquisition is about the only thing that has been keeping Twitter’s share price afloat over the past few months. As recently as June, the stock was trading for just $14, which gave the company a market value of just $10 billion.
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