The offer established that this stock is really worth around 90 bucks. Furthermore we have better earnings and raised guidance. No way the stock stays back down here in the 70s.
but a lot of stocks have been smashed since then. So it may be down below 70$ sooooon
check NFLX wheres the smash????
Well if the market corrects yes all boats go down with the tide, but all things held equal, TWX should be back over 80 shortly.