Twitter shares plunge amid reports that top bidders are out

Shares of Twitter Inc. plunged 13% Monday morning, a few days after a Bloomberg report said top bidders for the social network had dropped out.

Citing sources familiar with the matter, the Bloomberg story said that Alphabet Inc.’s Google GOOG, +0.73%GOOGL, +0.70% Salesforce.com Inc. CRM, +5.92% and Walt Disney Co. DIS, +0.19% were all unlikely to buy Twitter TWTR, -13.14% now. That report came after Recode reported that Apple Inc. AAPL, +1.59% would no longer bid for Twitter.

Analysts were previously divided on whether Google or Disney were in the best position to acquire Twitter.

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