Stocks to Watch on Thursday: Top 5 Losers

2. Twitter, Inc. (NASDAQ:TWTR) is down 7.2% as of 12:29 PM ET after reports that the employees have shown concerns over the company’s future following the appointment of Tesla Inc’s CEO Elon Musk to its board. Musk revealed a 9.2% stake in Twitter, Inc. (NASDAQ:TWTR) this week, becoming the company’s top shareholder. Earlier today, Musk tweeted that the next meeting of Twitter, Inc.’s (NASDAQ:TWTR) board of directors will be ‘lit’ but did not share any details.

As of Q4 2021, Twitter, Inc. (NASDAQ:TWTR) was held by 83 hedge funds, down from 94 in the previous quarter.