The rise in shares comes ahead of a much-anticipated meeting between electric car maker Tesla CEO Elon Musk and Twitter employees, whose management agreed to a $ 44 billion billion-dollar purchase last April.
And the Bloomberg News Agency, speaking to its staff today, said the stock had gained further support from a report that talked about the expectation that Musk would confirm his willingness to buy the social networking company.
Over the past few weeks, Musk has been questioning the number of Twitter users and the number of tweets being sent automatically, raising ambiguity about the chances of terminating the deal.
Musk has accused Twitter of violating the terms of its $ 44 billion acquisition of a micro-blogging service.
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