Marketplace®

Daily business news and economic stories

NEST? The stock that jumped 1900%? Wrong Nest

When Twitter went public, shares of a home entertainment company with the symbol TWTRQ went bananas.

This final note in which we’re obliged to again caution investors to double check those ticker symbols before hitting the buy button.

Remember when Twitter went public and shares of a home entertainment company with the symbol TWTRQ went bananas.

It happened again today with the ticket symbol NEST, which is not the thermostat company Google spend $3.2 billion to buy.

NEST is in fact a penny stock — a bankrupt red-light traffic camera company, in point of fact.

But at one point today, shares were up 1,900 percent to $0.10. 

Related Topics

Collections:

Tagged as:

Latest Episodes

View All Shows
  • Marketplace
    2 days ago
    26:08
  • Make Me Smart
    2 days ago
    27:42
  • Marketplace Morning Report
    2 days ago
    7:08
  • Marketplace Tech
    3 days ago
    11:03
  • This Is Uncomfortable
    6 days ago
    56:05
  • Million Bazillion
    a month ago
    32:45