Marketplace®
Every story is an economic story

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
    7 hours ago
    25:22
  • Marketplace Morning Report
    15 hours ago
    7:09
  • Million Bazillion
    20 hours ago
    30:57
  • Marketplace Tech
    20 hours ago
    12:45
  • This Is Uncomfortable
    6 days ago
    28:44
  • Make Me Smart
    4 months ago
    24:33