Shares of the bankrupt electronics chain stores in the United States suddenly skyrocket, despite the fact that this company is not worth it at all.
This development forced the regulator to intervene freeze Wall Street trading, as investors thought the Tweeter Home Entertainment as the social networking site Twitter.
Shortly after Twitter announced the sale of shares in the stock exchange, stock Tweeter began creeping up.
More than 14 million shares traded Tweeter and the price rose 1.400% before falling back.
Stock code for Tweeter is TWTRQ while for Twitter is TwTr or only one letter difference alone.
Tweeter specializing selling sophisticated electronic goods filed for bankruptcy in 2008 and then closed their store network in America.
In about the same period a Circuit City electronics store chain also closed down, which makes analysts call this month as a dark period for electronic devices store.
On Thursday, Twitter announced that it intends to raise U.S. $ 1 billion on the bourse by offering shares to the public.
Twitter shares scheduled to begin trading next month and the closing may be delayed if the U.S. government continues operations.
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