Top 5 Gainers Today

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In this article, we take a look at five stocks that are gaining today. If you want to take a look at some more stocks that are rising on Friday and the latest market situation, go to the Top 10 Gainers Today.

5. Twitter, Inc. (NYSE:TWTR) has soared 1.89% as of 12:18 PM ET after Dan Ives at Wedbush noted that a “high stakes” poker game is taking place between Elon Musk and Twitter, Inc. (NYSE:TWTR). The analyst anticipates Musk to place a tender offer to the shareholders of Twitter, Inc. (NYSE:TWTR). If that tender offer is accepted by 35% to 40% of the shareholders, the Board of Directors will come under pressure to take action. Twitter, Inc. (NYSE:TWTR) has already implemented a poison pill, which would dilute Tesla’s CEO’s stake if he attempts to buy more than 15% of the company. Presently, Musk owns a 9.2% stake in Twitter, Inc. (NYSE:TWTR).

As of Q4 2021, Twitter, Inc. (NYSE:TWTR) was held by 83 hedge funds.

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