:Twitter Inc CEO Parag Agrawal on Monday tweeted that internal estimates of spam accounts on the social media platform for the last four quarters were"well under 5 per cent," responding to acquirer Elon Musk's criticism of the company's handling of phony accounts.
"So how do advertisers know what they're getting for their money? This is fundamental to the financial health of Twitter," Musk wrote. The shares were down 7.7 per cent, at $37.50 a share, in afternoon trade. That compares to a closing price of $39.31 on April 1, the last trading day before Musk disclosed his stake.
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