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Twitter shares went up by 8% against the background of fake news about the company's purchase for $ 31 billion

On Tuesday, Twitter ’s stock price rose 8%. This happened amid the news of the company's purchase for $ 31 billion.

It was published on the page with the address bloomberg.market , which is currently unavailable. The page design was very similar to the design of the pages of the Bloomberg agency. The authors of the news referred to "informed sources." However, it should have been alerted by the fact that this message did not appear on the Bloomberg news terminal used by traders around the world. The official Bloomberg website is located at bloomberg.com .

In addition, the message was a mistake: at the mention of ex-CEO Twitter Dick Costolo his name changed to Richard. A Bloomberg spokesman denounced the authors, but it was too late: traders believed the scammers.
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After the exposure, Twitter shares went down in price and stopped at $ 37 (3% more compared to the previous session), reports The Verge.

The fraudsters took advantage of the fact that after the resignation of the CEO of the company Dick Costolo on the market for a while there were rumors about a possible acquisition of Twitter. A potential buyer, for example, was called Google .

In May of this year, the company Avon Products has suffered from fraudsters. They sent a message to the US Securities and Exchange Commission ( SEC ) about the upcoming purchase of a US cosmetics manufacturer, after which Avon shares rose by 20% during the session.

Source: https://habr.com/ru/post/292612/


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