Investors could be taking advantage of spikes in Twitter’s stock price – driven by viral rumours on the social media platform that it is approximately to be acquiredAnother week,another Twitter acquisition rumor – and another spike in the company’s stock. The latest rumor came through the reputable Silicon Valley trade publication the Information, which claimed that Marc Andreessen, or billionaire venture capitalist and active tweeter,would be buying Twitter along with the private equity group Silverlake. Twitter’s stock inflated by 6.5%, and then within a few days fell back even lower.
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Source: theguardian.com