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+--- Thread: The $8 BILLION dollar tweet..... ooops. (/showthread.php?tid=178805)
The $8 BILLION dollar tweet..... ooops. - cbelt3 - 04-29-2015
http://boingboing.net/2015/04/29/how-a-tweet-caused-twitters.html
"Twitter's stock dropped $8bn in a single day, all thanks to a tweet.
Investors were rattled by the early disclosure of unexpectedly low revenues, exposed before the close of trading by Selerity, a service that scours the web looking for investment information.
"We inadvertently released an early version of [Twitter's] earnings," Nasdaq admitted to the BBC. "We are investigating the root cause.""
I can't wait for the lawsuits on this one...
Re: The $8 BILLION dollar tweet..... ooops. - space-time - 04-29-2015
without the tweet the stock would have dropped after hours anyway. What is the big deal?
Re: The $8 BILLION dollar tweet..... ooops. - Black - 04-30-2015
Haha Twitter.