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How a tweet caused Twitter's stock to slump – Boing Boing

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.”Normally, […]