Twitter shares soar after reports that Elon Musk proposed to buy the company at the price initially agreed

2022-10-04T16:38:39.533Z

Trading in Twitter shares was halted twice on Tuesday after its price surged about 13%. Musk and Twitter continue their fight in court 1:24 (CNN) –– Trading in Twitter shares was halted twice on Tuesday, after its price rose about 13% in midday trading following a Bloomberg report that Elon Musk proposed continuing the initial agreement to buy the company at the agreed price of US$54.2 per share. Representatives for Musk and Twitter did not immediately respond to a request for comm