5 Stocks Getting Crushed on Tuesday

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1. Twitter, Inc. (NASDAQ:TWTR) is down 3.10% as of 12:13 PM ET after the California-based microblogging and social media giant was warned by the EU regarding its acquisition by Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk. One of the prominent regulators in the EU highlighted that Twitter, Inc. (NASDAQ:TWTR) needs to comply with rules related to moderating illegal and harmful content. The EU approved the Digital Services Act last week, which requires Big Tech companies like Twitter, Inc. (NASDAQ:TWTR) to take more responsibility for the content that users post online, along with other requirements.

Of the 924 hedge funds in Insider Monkey’s database, Twitter, Inc. (NASDAQ:TWTR) was held by 83 funds as of Q4 2021.

You can also take a peek at the 12 Best US Stocks to Buy Now and Top 9 Stocks Billionaire Larry Robbins Just Added to His Portfolio.

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