“Tweeter Home Entertainment Group, a consumer electronics retailer that declared bankruptcy in 2007, saw its share price balloon on Friday thanks to confused traders who thought they were buying into the newly announced stock offering from Twitter. Of course, Twitter shares aren’t yet available for public purchase, but that didn’t halt millions of transactions in the moribund Tweeter stock, which trades under the initialism TWTRQ, close but not the same as Twitter’s upcoming TWTR ticker. Trading in Tweeter shares was halted upon realization of the mass confusion, though not before the price reached a high of 15 times its typical valuation of a single cent.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Unit 731: How Japan’s Germ Warfare Unit Ended Up Working for the US
For Terrorist Fearmongers, It's Always the Scariest Time Ever
150,000 Greek Public Sector Job Cuts Pending As Greece Launches Another Grexit "Plan B" Movement
Family Gets $4.9M After Calif. Cops Beat Homeless Son to Death on Video
Kraken, a Bitcoin exchange, raises $5M
Why I Will Never, Ever, Go Back to the United States
When We Almost Nuked Savannah: The Case of the Missing H-Bomb
This Is Your S&P; This Is Your S&P Without Tuesdays
Glenn Greenwald: New York's top court highlights the meaninglessness and menace of the term 'terrori...
Yes, Hawaii emergency management stuck a password on a sticky note
Mexico's audit office tells Bank of Mexico to verify gold held at Bank of England
US nuclear arsenal upgrade to exceed $1 trillion
British university accepts course fees in Bitcoin
How to Retire Gracefully in Your Own Community, Not Sun City
Petition To Pardon Edward Snowden Reaching 100,000 Signatures