4 ms·
Right before RadioShack went bankrupt, there was a rumor that Amazon was going to buy them (giving them an instant national chain of showrooms). The stock went
by mason240 11y ago
Right before RadioShack went bankrupt, there was a rumor that Amazon was going to buy them (giving them an instant national chain of showrooms). The stock went up, then RS went out.
I was wondering at the time if someone with stock had known about the pending bankruptcy, and started the rumor so they could cash out.