Jefferies on Twitter, Inc. (TWTR): 'Expect "No" on Musk's $54.20 Offer'

Go back to Jefferies on Twitter, Inc. (TWTR): 'Expect "No" on Musk's $54.20 Offer'

Twitter (TWTR) Erases Gain, Goes Red Despite Musk Offer

April 14, 2022 11:41 AM EDT

Twitter (NYSE: TWTR) Erases Gain, Goes Red Despite Musk Offer

Shares were up 12% earlier
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Twitter (TWTR) Will Hold An All Hands Meeting With Employees At 2Pm Pacific To Discuss Musk Offer -source - Reuters

April 14, 2022 10:53 AM EDT

Twitter (NYSE: TWTR) Will Hold An All Hands Meeting With Employees At 2Pm Pacific To Discuss Musk Offer -source - Reuters

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UPDATE: Stifel Downgrades Twitter, Inc. (TWTR) to Sell, 'Full Blown Elon Circus'

April 14, 2022 10:43 AM EDT

(Updated - April 14, 2022 10:44 AM EDT)

Stifel analyst Mark Kelley downgraded Twitter, Inc. (NYSE: TWTR) from Hold to Sell with a price target of $39.00.

The analyst comments "We're downgrading Twitter to a Sell following Elon Musk's offer to take the... More

Twitter (TWTR) calls more active than puts Elon Musk headlines

April 14, 2022 10:16 AM EDT

Twitter (NYSE: TWTR) April call option implied volatility is at 171, May is at 170; compared to its 52-week range of 32 to 81 after Elon Musk offers to buy Twitter for $54.20/shr in cash. Call put ratio 1.8 calls to 1 put.

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Active options: TWTR TSLA NVDA AAPL AMD WFC VERU DAL AAL BAC

April 14, 2022 9:59 AM EDT

Active options: TWTR TSLA NVDA AAPL AMD WFC VERU DAL AAL BAC

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Pre-Open Stock Movers 04/14: (AIRG) (VERU) (TWTR) Higher; (CMBM) (WFC) (STX) Lower (more...)

April 14, 2022 9:11 AM EDT

Pre-Open Stock Movers:

Cambium Networks (NASDAQ: CMBM) 16% LOWER; now expects GAAP revenues of between $61-$63 million compared to the previous outlook of $77.5-$81.5 million for Q1. In addition, CFO Stephen Cumming resigned.

Airgain, Inc. (NASDAQ: AIRG) 12% HIGHER; a major US-based water utility company has selected AirgainConnect® AC-HPUE to improve the... More

Oppenheimer Downgrades Twitter, Inc. (TWTR) to Perform

April 14, 2022 8:43 AM EDT

Oppenheimer analyst Jason Helfstein downgraded Twitter, Inc. (NYSE: TWTR) from Outperform to Perform.


For an analyst ratings summary and ratings history on Twitter, Inc. click here. For more ratings news on Twitter, Inc. click here.


Shares of Twitter, Inc. closed at $45.85 yesterday.

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Analysts Discuss Elon Musk's Offer to Buy 100% of Twitter (TWTR)

April 14, 2022 8:39 AM EDT

The news of the day is that Tesla (NASDAQ: TSLA) CEO Elon Musk made a cash offer to acquire 100% of Twitter (NYSE: TWTR) for 54.20 per share.

Musk said that this is his best and final offer and if not accepted, he would reconsider his position as a shareholder.

Twitter then confirmed... More

CFRA Downgrades Twitter, Inc. (TWTR) to Hold Following Musk's Offer

April 14, 2022 7:17 AM EDT

CFRA downgraded Twitter, Inc. (NYSE: TWTR) from Buy to Hold following Elon Musk's $54.20/share offer.

For an analyst ratings summary and ratings history on Twitter, Inc. click here. For more ratings news on Twitter, Inc. click here.

Shares of Twitter, Inc. closed at $45.85 yesterday.

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Twitter (TWTR) Board of Directors will carefully review proposal from Elon Musk

April 14, 2022 7:13 AM EDT

Twitter, Inc. (NYSE: TWTR) today confirmed it has received an unsolicited, non-binding proposal from Elon Musk to acquire all of the Company's outstanding common stock for $54.20 per share in cash.

The Twitter Board of Directors will carefully review the... More

Twitter Inc To Review Elon Musk's Offer With Advice From Goldman Sachs & Co And Wilson Sonsini Goodrich & Rosati - Reuters

April 14, 2022 7:10 AM EDT

Twitter Inc To Review Elon Musk's Offer With Advice From Goldman Sachs & Co And Wilson Sonsini Goodrich & Rosati - Reuters

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Elon Musk offers to buy Twitter for $41 billion

April 14, 2022 6:58 AM EDT

LONDON (Reuters) -Billionaire Elon Musk has offered to buy Twitter for about $41 billion, just days after rejecting a seat on the social media company's board.

Musk's offer price of $54.20 per share, which was disclosed in a regulatory filing on Thursday, represents a 38% premium to Twitter's April 1 close, the last trading day before the Tesla CEO's more than 9% stake in the company was made public.

Twitter's shares jumped 12% in premarket trading.

Here is a summary of analyst comments (in alphabetical order):

JESSE COHEN, SENIOR ANALYST AT INVESTING.COM

"Elon Musk's offer shows that he has very... More

Elon Musk Makes 'Best and Final' $41.4 Billion Cash Offer to Take Twitter (TWTR) Private, Shares Surge 12%

April 14, 2022 6:29 AM EDT

SpaceX and Tesla (NASDAQ: TSLA) CEO Elon Musk has made an offer to acquire 100% of Twitter (NYSE: TWTR), according to an updated 13D filing.

Musk has offered to pay $54.20 per share in cash to acquire 100% control of the social... More

Twitter (TWTR) options active into Elon Musk offers to purchase

April 14, 2022 6:23 AM EDT

Twitter (NYSE: TWTR) April 13, 2022 option volume was 311K contracts compared to its 90 day average volume was 90K contracts into Elon Musk offers to buy Twitter for $54.20/shr in cash.

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Twitter (TWTR) call put ratio 1.1 calls to 1 put into Elon Musk offers to buy Twitter

April 14, 2022 6:22 AM EDT

Twitter (NYSE: TWTR) call put ratio 1.1 calls to 1 put into Elon Musk offers to buy Twitter for $54.20/shr in cash.

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Musk makes $43 billion offer for Twitter to build 'arena for free speech'

April 14, 2022 6:19 AM EDT

By Greg Roumeliotis, Uday Sampath Kumar and Chavi Mehta

(Reuters) - Billionaire entrepreneur Elon Musk took aim at Twitter Inc with a $43 billion cash takeover offer on Thursday, with the Tesla CEO saying the social media company needs to be taken private to grow and become a platform for free speech.

"I think it's very important for there to be an inclusive arena for free speech," Musk, already San Francisco-based Twitter's second-largest shareholder, said at a TED Talk in Vancouver when asked about his bid.

Musk made the bid on Wednesday in a letter... More

Twitter (TWTR) April option implied volatility bid into Elon Musk offers to buy Twitter for $54.20/shr in cash

April 14, 2022 6:19 AM EDT

Twitter (NYSE: TWTR) April call option implied volatility is at 73, May is at 62; compared to its 52-week range of 32 to 81 into Elon Musk offers to buy Twitter for $54.20/shr in cash.

... More

Twitter (TWTR) option implied volatility into Elon Musk offers to buy Twitter

April 14, 2022 6:18 AM EDT

Twitter (NYSE: TWTR) 30-day option implied volatility is at 72; compared to its 52-week range of 32 to 81 into Elon Musk offers to buy Twitter for $54.20/shr in cash.

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Elon Musk Offers To Buy 100% of Twitter (TWTR) For $54.20 Per Share

April 14, 2022 6:12 AM EDT

(Updated - April 14, 2022 6:15 AM EDT)

Elon Musk offered $54.20 per share to acquired 100% of Twitter (NYSE: TWTR). The offer letter was disclosed in an SEC filing.

Here is the letter:

Bret Taylor

Chairman of the Board,

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Popular stocks with increasing volume: TWTR PYPL DAL WBD AAL

April 14, 2022 5:20 AM EDT

Popular stocks with increasing volume: TWTR PYPL DAL WBD AAL

... More

Active options: TWTR JPM BAC AMZN MSFT NIO F DAL WBD BABA PYPL

April 13, 2022 3:42 PM EDT

Active options: TWTR JPM BAC AMZN MSFT NIO F DAL WBD BABA PYPL

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SEC, DOJ Interest in Tesla's (TSLA) Musk goes beyond his dealings regarding Twitter (TWTR) - FBN

April 13, 2022 2:07 PM EDT

SEC, DOJ Interest in Tesla's (NASDAQ: TSLA) Musk goes beyond his dealings regarding Twitter (NYSE: TWTR) -... More

Popular stocks with increasing volume: UBER ABBV SOFI CCJ WFC HOOD TWTR

April 12, 2022 4:00 PM EDT

Popular stocks with increasing volume: UBER ABBV SOFI CCJ WFC HOOD TWTR

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Twitter (TWTR) Acquires Openback

April 12, 2022 10:19 AM EDT

Twitter (NYSE: TWTR) Acquires Openback

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Twitter (TWTR) Staff 'Super Stressed' Over Elon Musk's Decision Not to Join Board

April 12, 2022 7:25 AM EDT

Twitter (NYSE: TWTR) employees are reportedly feeling super stressed following Elon Musks abrupt decision not to join the social media companys board.

After saying he would become the largest individual shareholder of Twitter, Musk was invited to join Twitter's board of directors by the companys CEO Parag Agrawal.

Twitter was so confident about Musk joining the board that it even listed the Tesla (NASDAQ:... More

Twitter (TWTR) option IV near upper end of range

April 12, 2022 3:16 AM EDT

Twitter (NYSE: TWTR) April call option implied volatility is at 87, May is at 75; compared to its 52-week range of 32 to 88. Call put ratio 1.4 calls to 1 put.

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Popular stocks with increasing volume: INTC GM PFE DKNG SOFI TWTR

April 12, 2022 2:30 AM EDT

Popular stocks with increasing volume: INTC GM PFE DKNG SOFI TWTR

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