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April 29, 2015 07:58 am PDT

How a tweet caused Twitter's stock toslump

Twitter's stock dropped $8bn in a single day, all thanks to a tweet.

Investors were rattled by the early disclosure of unexpectedly low revenues, exposed before the close of trading by Selerity, a service that scours the web looking for investment information.

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Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/sVjZUorDXHE/how-a-tweet-caused-twitters.html

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