Tweeter changes stock symbol after Twitter mix-up

October 8, 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: Shutterstock shares pop after $76.5 million IPO

Related Stories

Shutterstock shares pop after $76.5 million IPO

October 11, 2012

(AP)—Shares of Shutterstock are up 30 percent Thursday after the Internet provider of stock photos and videos raised $76.5 million in its initial public stock offering.

Recommended for you

'Droneboarding' takes off in Latvia

January 22, 2017

Skirted on all sides by snow-clad pine forests, Latvia's remote Lake Ninieris would be the perfect picture of winter tranquility—were it not for the huge drone buzzing like a swarm of angry bees as it zooms above the solid ...

Singapore 2G switchoff highlights digital divide

January 22, 2017

When Singapore pulls the plug on its 2G mobile phone network this year, thousands of people could be stuck without a signal—digital have-nots left behind by the relentless march of technology.

Making AI systems that see the world as humans do

January 19, 2017

A Northwestern University team developed a new computational model that performs at human levels on a standard intelligence test. This work is an important step toward making artificial intelligence systems that see and understand ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.