Nasdaq Suspends Trading in Twitter After Reports of CEO Stepping Down
Nasdaq Suspends Trading in Twitter After Reports of CEO Stepping Down
Nasdaq cited 'news pending' as the reason for the halt in trading.

Nasdaq suspended trading of social media network Twitter on Monday amid news reports the company’s CEO Jack Dorsey is expected to step down.

Nasdaq cited “news pending” as the reason for the halt in trading.

A few minutes earlier, CNBC reported that Dorsey was expected to step down as Twitter CEO, citing unnamed sources.

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