Elon Musk tweeted 'Use Signal' and investors sent wrong stock soaring 6,350%
The two-word tweet triggered a massive rally in the shares of a tiny medical device maker.. Read more at straitstimes.com.
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The two-word tweet triggered a massive rally in the shares of a tiny medical device maker.. Read more at straitstimes.com.
Signal Advance's market capitalization soared to nearly $300 million on Monday from $6 million last week.
Funny! This is how Musk’s tweet changed fortunes of this company IANS San Francisco: With Tesla CEO Elon Musk telling his followers to use encrypted messaging app Signal, shares of an obscure and unrelated company called Signal Advance surged a massive 1,100 per cent as some people bought that unrelated stock. The stock surged 527 per cent on Thursday and another 91 per cent Friday, jumping from 60 cents to $7.19, reports CNBC. The store price of Signal Advance multiplied 12-fold in two days. Signal Advance is so small that it doesn’t report financials with the US SEC, till ...
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Musk’s call to use Signal led to another firm’s stock gain 1,100% By IANS| Published: 9th January 2021 7:02 pm IST San Francisco, Jan 9 : With Tesla CEO Elon Musk telling his followers to use encrypted messaging app Signal, shares of an obscure and unrelated company called Signal Advance surged a massive 1,100 per cent as some people bought that unrelated stock. The stock surged 527 per cent on Thursday and another 91 per cent on Friday, jumping from 60 cents to $7.19, reports CNBC. The store price of Signal Advance multiplied 12-fold in two days. Signal Advance is so small that it doe...