3 ms·
It's definitely sensationalist, but the fact remains, that single tweet represented prior knowledge causing a large, unexpected shift near the end of the tradin
by jscheel 11y ago
It's definitely sensationalist, but the fact remains, that single tweet represented prior knowledge causing a large, unexpected shift near the end of the trading day. Being unexpected, it seems to have triggered a fear-based selloff that may not have been as bad as if if the stock moved either direction after the earnings report.