Chicago Tribune’s misprint drops United Airlines (UAUA) stock 99%
Source: http://thestockmasters.com/united-airlines-bankrupt-090808.htmlPosted on Monday, September 8th, 2008 | In Stocks to Watch
Contributed by: Stockmasters Staff (http://www.thestockmasters.com) -
Unbelievable. UAL Corp.’s (NASDAQ:UAUA) share price fell all the way to 1 Cent today after the Chicago Tribune reprinted a 4-year old story about the company declaring bankruptcy. Yea, someone will be getting canned there today, damn submit button.
United Airlines tells CNBC that the rumors were false, and the bankruptcy story no longer appears on the Tribune’s front page.
But the stock is still halted on “impending news,” nice work people.
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