Twitter Inc TWTR Shares are trading higher on Monday afternoon after reports suggested the same Tesla Inc TSLA chairman Elon Musk’s Testimony in the Twitter case has been postponed.
Musk and Twitter CEO Parag Agrawal was due to be dropped on Monday, but multiple reports suggest this has been delayed.
Musk has claimed that the number of bots or spam accounts on Twitter is much higher than the company reports and has even threatened to cancel his $44 billion acquisition deal. A court hearing in this matter is currently scheduled to begin in mid-October.
See also: Elon Musk shares photo of himself and Grimes: ‘No way to prove we’re living in a simulation’
TWTR Price Action: Twitter has a 52-week high of $54.57 and a 52-week low of $31.30.
Shares rose 2.24% to $42.53 as of Monday afternoon Gasoline Pro.
Photo: Steve Jurvetson by Flickr.
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