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Benzinga
Benzinga
Business
Wayne Duggan

Why Hindenburg Research Is Shorting Twitter: 'Musk Holds All The Cards'

Twitter Inc (NYSE:TWTR) shares traded lower by 4% on Monday, well off the $54.20 per-share buyout price Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has agreed to pay to take Twitter private.

In a new report, short seller Hindenburg Research said there's plenty of reason for investors to be skeptical of the Musk buyout.

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