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twitter ipo

Shares in a Bankrupt Electronics Company Are Soaring Because Dumb People Think It’s Twitter

This is not a Twitter stock chart.

Tweeter, an electronics chain that went bankrupt in 2008, is having a great day today. Tweeter's stock was up more than 1,000 percent earlier today, not because the market is suddenly optimistic about its prospects for a comeback, but because its ticker symbol, TWTRQ, is one letter away from Twitter's eventual symbol, TWTR, and because "Tweeter" sounds enough like "Twitter" to confuse a few very dumb and/or elderly stock-market investors.

As a reminder, Twitter has not gone public yet.

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