- Former U.S. President Donald Trump said he was happy Twitter Inc (NYSE:TWTR) was in “sane hands” after Tesla Inc (NASDAQ:TSLA) CEO Elon Musk formally took over.
- Musk snapped Twitter for $44 billion in a deal finalized today.
- Twitter CEO Parag Agrawal and Chief Financial Officer Ned Segal no longer remained employees of Twitter.
- Musk will likely be the interim CEO until he chooses a replacement.
- Trump did not offer any update regarding his return to his account after the platform banned him, Reuters reports.
- Trump said he thought his own Truth Social media platform “looks and works better.”
- “I LOVE TRUTH,” Trump wrote in a post on his platform.
- Twitter banned Trump after the deadly January 6, 2021, attack on the U.S. Capitol.
- Musk has said he would reinstate Trump’s account, but Trump previously said he would not return.
- Instead, Trump said he would begin posting on his platform Truth Social.
- Truth Social is part of the Trump Media & Technology Group that is being taken public by the special purpose acquisition company (SPAC) Digital World Acquisition Corp (NASDAQ:DWAC).
- Related: ‘Drop To Your Knees And Beg’ Donald Trump Goes After Elon Musk On Truth Social
- Price Action: DWAC shares traded lower by 0.55% at $16.35 on the last check Friday.
Ever-Glory Intl Gr Q3 EPS $(0.41) Down From $(0.22) YoY, Sales $106.44M Up From $94.41M YoY
Ever-Glory Intl Gr (NASDAQ:EVK) reported quarterly losses of $(0.41) per share. This is a 86.36 percent decrease over losses of $(0.22) per share from the same period last year. The company reported $106.44 million in