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View Full Version : UA Corp loses almost all its share value after false report of Bankruptcy


remarkablebean
8th Sep 2008, 15:49
http://www.bloomberg.com/apps/news?pid=20601103&sid=aVTYI5K9EDsQ

Now valued at less than $1 per share as a result :(

weasil
10th Sep 2008, 01:00
A newspaper in Florida republished a Chicago Tribune article from February 2006, but changed the date to make it look like a new story. The shares tanked but were back up to over $11/share when trading closed.