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ABC News
ABC News
Business
business reporter David Chau, wires

Elon Musk sued by Twitter investors for 'market manipulation', ASX follows Wall Street higher

Elon Musk allegedly tried to drive Twitter shares lower to buy the company at a reduced price. (Reuters: Dado Ruvic/File)

Australian shares jumped on Friday, after a surge across Wall Street, while Twitter shareholders have sued billionaire Elon Musk, accusing him of manipulating the company's share price.

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