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Benzinga
Benzinga
Business
Adam Eckert

Why Twitter Shares Are Trading Higher Today

Twitter Inc. Elon Musk Tesla Inc. Nasdaq NYSE

Twitter Inc (NYSE:TWTR) shares are trading higher Tuesday after the company announced that Tesla Inc (NASDAQ:TSLA) CEO Elon Musk will be appointed to Twitter's board.

According to a Form 8-K filing with the U.S. Securities and Exchange Commission, Twitter will add Musk to its board of directors to serve as a Class II director with a term expiring in 2024 at the company's annual shareholder meeting.

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