Slashdot Mirror


United Airline's Stock Falls On Old Bankruptcy Story

A six-year-old Chicago Tribune story about United's 2002 bankruptcy filing, was picked up from a Google search by an investment newsletter on Monday morning, triggering a massive sell-off of United shares until trading was stopped. The stock fell as low as $3 before finally bouncing back to $12.30. Attorneys on both sides have started investigations and the incident has caught the attention of securities officials. I wonder what the market is going to do when they learn that Germany has invaded the Sudetenland.

0 of 5 comments (clear)

No comments match the current filter.