A Social Media ETF Gains on Reports Twitter Could Accept Elon Musk’s Bid
April 25, 2022 at 15:08 PM EDT
A social media sector-related exchange traded fund strengthened on Monday as Twitter (NasdaqGS: TWTR) contemplates Elon Musk’s buyout bid of $43 billion. The Global X Social Media ETF (SOCL) increased 1.0% on Monday. Meanwhile, TWTR shares were up 5.4% on Monday. TWTR makes up 5.75% of...
