5 Trending Stocks Today

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1. Tesla, Inc. (NASDAQ:TSLA) has fallen 1.34% as of 11:55 AM ET after the update that the $46 billion bid presented by Tesla Inc’s CEO Elon Musk is expected to be accepted by Twitter, Inc. (NASDAQ:TWTR). This news has not been received positively by Tesla, Inc.’s (NASDAQ:TSLA) shareholders as they think that Musk will be distracted by the acquisition and would not be able to give due attention to Tesla, Inc. (NASDAQ:TSLA). Wedbush Securities has highlighted that the acquisition of Twitter would cause dilution in Musk’s ownership. However, his shares in Tesla, Inc. (NASDAQ:TSLA) could be pledged to obtain debt to finance the deal.

As of Q4 2021, Tesla, Inc. (NASDAQ:TSLA) was held by 91 hedge funds as of Q4 2021.

You can also take a peek at the Top 9 Stocks Billionaire Larry Robbins Just Added to His Portfolio and 10 Stocks to Buy According to Canyon Capital Advisors.

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