Elon Musk Holds Up Twitter Deal, Drags on Social Media ETFs

Twitter Inc. (NasdaqGS: TWTR) retreated Friday, dragging down on social media-related exchange traded funds after Elon Musk warned that his buyout deal was put on hold. On Friday, the Simplify Volt Pop Culture Disruption ETF (VPOP) was up 0.4%, the Invesco Dynamic Media ETF (PBS) rose 1.6% and the...