Looming Musk-Twitter legal battle drags on company shares

FILE - Elon Musk attends The Metropolitan Museum of Art's Costume Institute benefit gala celebrating the opening of the "In America: An Anthology of Fashion" exhibition on May 2, 2022, in New York. Twitter's stock slid more than 6% before the market open Monday, July 11, 2022, after billionaire Elon Musk announced late Friday that he will abandon his $44 billion offer to buy Twitter and the company said it will sue the Tesla CEO to uphold the deal.(Photo by Evan Agostini/Invision/AP/File)

Looming Musk-Twitter legal battle drags on company shares