A Stock Called TWTRQ Is Up 1,500 Percent Today Because People Think It's Twitter

Business Insider
Analyzing the top news stories across the web
Oct. 4 2013 1:16 PM

A Stock Called TWTRQ Is Up 1,500 Percent Today Because People Think It's Twitter

This post originally appeared in Business Insider.

By Steve Kovach

Advertisement

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 company called TWTR Inc., which as far as we can tell has nothing to do with Twitter, is up a whopping 1,500% today, but fluctuating wildly. 

Take a look at the chart (click to enlarge):

130410_bi_twtr

Google Finance

  Slate Plus
Slate Picks
Dec. 19 2014 4:15 PM What Happened at Slate This Week? Staff writer Lily Hay Newman shares what stories intrigued her at the magazine this week.