People think this stock is Twitter

fastcompany:

It is not. 

Tweeter Home Entertainment (TWTRQ) was a consumer electronics retailer that sold TVs, car radios, home theater systems, and the like at more than 100 U.S. stores. In 2007 it filed for Chapter 11 bankruptcy protection and had its assets sold to a new owner, who also filed for Chapter 11 a year later.

So why did shares of Tweeter stock jump more than 1500% this morning?

hah who would not do their research and base buying this stock off of 5 similar ticker symbol letters?

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  1. somethingnerdythiswaycomes reblogged this from subliminaltwist
  2. michaeljgaffney reblogged this from fastcompany and added:
    hah who would not do their research and base buying this stock off of 5 similar ticker symbol letters?
  3. socmediadiva reblogged this from shortformblog
  4. cookiecuttercrap reblogged this from fastcompany and added:
    Hahaha this is hilarious.
  5. theanomalousn reblogged this from gmbeowulf
  6. shadowsseeker reblogged this from shortformblog
  7. inneedofatourniquet reblogged this from shortformblog and added:
    Ha!
  8. seekercranny reblogged this from gallifreygal
  9. andyojones reblogged this from shortformblog
  10. silentsnowdrop reblogged this from subliminaltwist
  11. subliminaltwist reblogged this from shortformblog
  12. gmbeowulf reblogged this from dontbearuiner and added:
    This is not uncommon. I remember reading a wonderful paper years ago discussing the movements of the stock MCI when...
  13. jenandtonic reblogged this from dontbearuiner and added:
    It IS Tweeter like the Tweeter Center! Man, I forgot about that store. I bought my first car stereo there.
  14. productoftheinternet reblogged this from fastcompany and added:
    hahahahhahahaha
  15. dontbearuiner reblogged this from gallifreygal and added:
    Is this Tweeter like The Tweeter Center in Boston? (Is that even still a thing?)
  16. gallifreygal reblogged this from shortformblog
  17. twitterspam reblogged this from shortformblog
  18. yungt-trey reblogged this from shortformblog
  19. interwebkungfu reblogged this from fastcompany and added:
    It’s like natural selection for investors. Step 1: Learn the name of the company you want to invest in.
  20. jim1701 reblogged this from fastcompany
  21. princess-mosh reblogged this from haberdashing
  22. haberdashing reblogged this from shortformblog