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Twitter Shares Rise After Hindenburg Takes Long Position Amid Legal Battle Against Elon Musk | Technology News

Twitter Shares Rise After Hindenburg Takes Long Position Amid Legal Battle Against Elon Musk Twitter's shares rose about 6 percent to $35.90 (nearly Rs. 2,900) after Hindenburg Research took a long position in Twitter shares, a day after the company sued Elon Musk for violating his $44 billion deal (roughly Rs. 3,50,290 crore) and asked a Delaware court to order him to complete the merger at the agreed $54.20 (roughly Rs. 4,300) per Twitter share.

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