Twitter shares dive 14% after potential bidders reportedly lose interest

Google-owned Alphabet, Walt Disney and tech firm Salesforce were working a on a potential acquisition, but it's rumored that all have opted not to press ahead

Shares in Twitter fell more than 14% on Monday following reports that all of its rumoured potential bidders have lost interest in buying the struggling social media company.

The shares, which spiked last month following speculation of a takeover by companies including Google, fell $2.82, or 14%, to $17.03 in early trading after Bloomberg reported that Twitter was unlikely to receive any takeover bids.