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.
As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.
Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.
Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.