Investors Confuse Tweeter With Twitter; Send Bankrupt Stock Up 1800%

October 4, 2013 6:03 PM
Investors Confuse Tweeter With Twitter; Send Bankrupt Stock Up 1800%
" BOSTON (CBS) – The bankrupt Boston-based electronics retail company Tweeter made something of a short-term comeback on Friday. The long-defunct company’s stock had remained idle on the market under the symbol TWTRQ at a cost of less than $0.01 per share.

But Thursday evening, social media giant Twitter announced its plans for an initial public offering of the stock, including the ticker symbol TWTR. Twitter’s IPO isn’t expected to take place until next month "

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