Friday, October 4, 2013

What, Tweeter isn't Twitter?

Twitter filed to go public yesterday, choosing the stock ticker TWTR. Twitter shares are expected to start trading before Thanksgiving this year.

But it looks like some investors are a bit confused. A [bankrupt] company called Tweeter Home Entertainment, which has the stock ticker TWTRQ, was up as much as 1,500% today, but fluctuated wildly. It ended the day up more than 684%.

--Steve Kovach, Business Insider, on market idiocy