(credit: Johan Larsson)

In the wake of Salesforce’s CEO publicly saying Friday that his company would not buy Twitter, the popular social network’s stock price has dropped over six percent as of this writing.

“In this case we’ve walked away. It wasn’t the right fit for us,” Salesforce CEO Marc Benioff told the Financial Times.

For months, rumors have swirled that numerous tech giants, ranging from Apple to Google, would snap up the San Francisco startup, which has lost nearly $2 billion from 2011 through 2015.