![]() The company filed for bankruptcy protection in 2007 and closed the stores in 2008. The Canton, Mass., chain had sold TVs, audio equipment and other electronics, but the stores disappeared years ago. Twitter did not immediately respond to a request for comment. The company makes the bulk of its money from advertising. And many TV networks and news organizations encourage their viewers and readers to follow their Twitter pages. ![]() But celebrities, from Oprah Winfrey to Justin Bieber, send messages, or tweets, on Twitter. That's far fewer users than Facebook, which has more than 1 billion. San Francisco-based Twitter's network is based on the 140-character messages of its users - about 218 million at last count. That could be before Thanksgiving.Īnticipation around Twitter's IPO is high among investors after Facebook Inc. Twitter's stock, meanwhile, won't be available for trading until the social media company actually goes public. It had closed at 1 cent on Thursday before the mix-up and jumped as high as 15 cents on Friday. The stock of Tweeter Home Entertainment Group shot up almost 700 percent on Fridaythe day after Twitter's IPO filing became public-as buyers mistook Tweeter's ticker symbol, TWTRQ, with. Tweeter's stock, traded over the counter rather than on an exchange, fell 78 percent to 1 cent in afternoon trading Tuesday. Finra said that if the trades are canceled, it will notify markets. ![]() The trades from last week will stand, however. To avoid "further confusion," Finra decided to change Tweeter's symbol, the group said. The Financial Industry Regulatory Authority, Wall Street's industry regulator, halted trading of Tweeter's stock Friday afternoon because of the misunderstanding. Over the past year, the daily average was about 29,000, according to FactSet. And trading volume skyrocketed to 14.4 million shares. Some confused investors sent Tweeter's stock up as much as 1,400 percent on Friday. Put a dollar sign ahead of the company’s stock ticker symbol. That was apparently too similar to "TWTR," the symbol proposed by Twitter on Thursday when the messaging service filed plans for its highly anticipated initial public offering. If you want to talk about a publicly-traded company on Twitter, here’s a bit of shorthand you should try out. The bankrupt electronics retailer's stock resumed trading Tuesday under "THEGQ." Its old symbol was "TWTRQ." 31, 2022 /PRNewswire/ - Clear Secure, Inc. And its stock symbol has changed to avoid any confusion.
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