Since Elon Musk purchased a significant share in Twitter several weeks ago, the company has given up all its gains.
Last month, Musk disclosed that he bought a 9 percent stake in the social media platform. But as of Monday afternoon, shares of Twitter dropped another 6 percent, sending its price down to $38.25—the lowest closing price it’s had since April 1, or the last trading session before Musk revealed he took the 9 percent minority ownership of the company.
