Gung-Ho Investors Snap Up Tweeter, Not Twitter, Stock

And, oh, did we mention Tweeter is bankrupt?

By Newsy, a Newser Video Partner

Posted Oct 7, 2013 12:10 PM CDT

(Newser) – Who doesn’t want to make a quick buck? With the announcement Thursday that Twitter was going public, some investors didn’t do their research. Twitter disclosed its initial public offering would come under the ticker "TWTR." Tweeter Home Entertainment Group’s long-defunct ticker is "TWTRQ," and some people got confused. Oh, and Tweeter went bankrupt in 2007. Its stock reportedly skyrocketed 1,800% Friday, peaking between 13 and 15 cents before people apparently realized what they were doing. Newsy reports:

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