Twitter has no idea if Steve Ballmer has taken a 4% stake

Twitter Inc. said Friday that it doesn’t know if Steve Ballmer, former Microsoft CEO, owns 4% of the company. A Twitter account with the handle @Steven_Ballmer tweeted early Friday that the account holder, which it says is Steve Ballmer, owns at least 4% of Twitter. But the account isn’t verified, which may mean it’s a fake account, and another account @clipperstebeb is verified. That account has tweeted that @Steven_Ballmer is the new handle. “We only get notified if someone has a >5% stake (because they have to file with the SEC),” Twitter said in an email to MarketWatch. MarketWatch has reached out to Ballmer for comment. Twitter is down 0.2% in morning trade, erasing an earlier gain of 1.4%

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From:: Stock Market News

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