Private investors are repositioning themselves – Twitter shares in particular are in demand

Dusseldorf Private investors on the stock markets are repositioning themselves: The papers of crude oil and natural gas companies and the short message service Twitter have been increasingly bought in the past three months, those of pharmaceutical companies and airlines have been sold. This comes from data from the online broker Etoro.

“With high oil prices and the end of Covid concerns, they have repositioned themselves and not been afraid to take sides in one of the biggest acquisitions of the quarter,” Etoro equity strategist Ben Laidler commented on the results.

By that he means a message from mid-April: Elon Musk, head of electric car manufacturer Tesla, announced that he wants to take over Twitter for $44 billion. Since then, the number of investors investing in Etoro on the social media platform has increased by 137 percent. In Germany, the plus was even 181 percent.