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Twitter Shares Rise After Hindenburg Takes Long Position Amid Legal Tussle

Twitter Pulled 9to5Mac, XDA Developers Accounts Due to Minimum Age Requirements

Short-seller Hindenburg Research said on Wednesday it had taken a long position in Twitter shares and warned the social media firm’s lawsuit against Elon Musk, the world’s richest man, could pose a threat to his companies.

Twitter’s shares rose about 6 percent to $35.90 (nearly Rs. 2,900) on the news, a day after the company sued Musk for violating his $44 billion deal (roughly Rs. 3,50,290 crore) and asked a Delaware court to order him to…


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