Twitter Inc. shares plummeted on Thursday after it became apparent a sales process for the sputtering social-media company might not draw as many suitors as investors had hoped. Twitter stock, which had been marching steadily upward since news of a possible sale surfaced in September, fell 20% to $19.87. That brought the stock within 7% of where it traded before the earlier deal news. Alphabet Inc.’s Google doesn’t plan to...
Source: Wall Street Journal October 06, 2016 22:35 UTC