Quote:
Originally Posted by WiredGuy
Where did you see it dropped 99.9%?
WG
|
MarketPlace has since removed the story but I found a reference to it on Forbes.
Quote:
Shares of United Airlines parent UAL were nearly wiped out late Monday when a six-year-old Chicago Tribune story on the company's prior bankruptcy apparently resurfaced as new news, sparking a run on the stock.
UAL (nasdaq: UAUA - news - people ) stock was trading at a penny a share at 11:30 a.m. Eastern Daylight Time Monday, after closing at $12.30 per share Friday. Trading in the shares was halted until 12:30 p.m. "It's not true," said UAL a spokeswoman of the bankruptcy report. She declined to elaborate further.
|
http://www.forbes.com/media/2008/09/...siness_medi a