Elon Shittweets as TWTR Sinks

Of course, the Delaware Court of Chancery won’t view it in such simple terms. In reality, Musk faces an uphill struggle and could be on the hook for much more than the $1 billion break fee agreed to in the merger documents.

As of this morning, $TWTR shares are off another 5% in pre=market trading today. Tesla $TSLA, incidentally, is up again this morning after rising nearly 3% on Friday.

In other insider news, Director Jay F. Joliat revealed a purchase of approximately 20,200 shares, equivalent to $235,963, in the mid-cap oil and gas company Earthstone Energy $ESTE.

Here’s The Hot List, with data through July 8, 2022:

Over in Washington, there was some activity from Rep. Earl Blumenauer of Oregon, who reported a position in the French multinational healthcare company Sanofi $SNY.

Last but not least, there was bullish flow in Lucid Group $LCID, Western Digital Corporation $WDC, and Unum Group $UNM.

There was also bearish flow in the online pet retailer Chewy $CHWY.

Stay tuned. We'll be back Tuesday with more insider action.

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All Star Charts Team