Twitter's stock plummeted 19% on Thursday after reports that neither Google nor Disney would make a bid for the social network.
Recode reported that Google would not make a bid and was not moving forward with any effort to do so. An Apple acquisition is now also "unlikely," according to the report.
Twitter reportedly wants to wrap up selling negotiations by October 27, when it releases its third quarter earnings report. Google, Salesforce, and Disney were the top names on the list of potential buyers.
The stock popped Wednesday after reports that Salesforce CEO Marc Benioff considered Twitter an "unpolished jewel," but it tanked after hours and on Thursday morning once the news broke that Google was out of the running.
Twitter CEO Jack Dorsey, meanwhile, maintains that he wants the company to remain independent.