Tweeter changes stock symbol after Twitter mix-up

Oct 08, 2013

Tweeter is not Twitter. And it's changing its stock symbol to avoid any confusion.

The bankrupt electronics retailer's new ticker symbol is "THEGQ." Its old symbol was "TWTRQ."

That was apparently too similar to "TWTR," the symbol proposed by Twitter on Thursday when it filed plans for an .

Some confused investors sent Tweeter's up as much as 1,400 percent on Friday.

The Financial Industry Regulatory Authority, Wall Street's industry regulator, halted trading of Tweeter's stock Friday afternoon. The over-the-counter stock resumed trading with the new stock Tuesday.

Tweeter's stock is down 71 percent to 2 cents in afternoon trading.

Twitter's stock, meanwhile, won't be available for trading until the company actually goes public. That could be before Thanksgiving.

Explore further: Gogo falls in 1st day of trading on the Nasdaq

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