Twitter shares rise by 23 per cent after Elon Musk's U-turn on buyout offer

[Bilgin]

Twitter shares rise by 23 per cent after Elon Musk's U-turn on buyout offer Shares of Twitter rose 23 per cent to $52 at the close in New York after the tech company confirmed on Tuesday that Tesla CEO Elon Musk had sent a letter saying he would go through the deal he signed early this year to buy the social media firm