Twitter Shares Rise After Hindenburg Takes Long Position Amid Legal Battle Against Elon Musk

Twitter Shares Rise After Hindenburg Takes Long Position Amid Legal Battle Against Elon Musk

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,…