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Probably manual sell off, then automated computer run systems see the dip and sell off before major loss. There was something earlier this year where a news ag
by JimmaDaRustla 13y ago
Probably manual sell off, then automated computer run systems see the dip and sell off before major loss.
There was something earlier this year where a news agency's twitter account was hacked, and the hacker reported that there was an attack on the white house, and the stock markets went crazy for a bit.
http://www.usatoday.com/story/money/markets/2013/04/23/stocks-gyrate-wildly-after-fake-terror-tweet/2107089/ http://www.usatoday.com/story/money/markets/2013/04/23/stock...
Edit: Also, the stock was downgraded.