Marketplace®

Daily business news and economic stories

Tweeter, Twitter: It’s all in the name

Don't screw up those ticker symbols, investors.

This final note today, in which we learn exactly how important ticker symbols really are.

We told you yesterday that Twitter’s gonna trade under the symbol TWTR. Which makes sense.

TWTR, however, is not the same as TWTRQ, which is the ticker symbol for a defunct consumer electronics company called Tweeter Home Entertainment. (Q gets tacked on there when a company files for bankruptcy.)

So, why am I telling you that? Because today 5 million shares of TWTRQ changed hands. It closed up 684 percent, at just over a nickel a share.

Related Topics

Collections:

Tagged as:

Latest Episodes

View All Shows
  • Marketplace
    6 hours ago
    26:08
  • Make Me Smart
    7 hours ago
    27:42
  • Marketplace Morning Report
    13 hours ago
    7:08
  • Marketplace Tech
    19 hours ago
    11:03
  • This Is Uncomfortable
    4 days ago
    56:05
  • Million Bazillion
    25 days ago
    32:45