[Search-l] Outdated bankruptcy story sparked a $1 billion run on an airline’s stock value

Balinny balinny at gmail.com
Sat Sep 13 12:13:50 UTC 2008


A surfer views a newspaper old article about a company's bankrupcy on a 
low traffic period.
It bumps to Popular Stories
Google News Bot catches it as a new article
 From Google News it moves to Bloomberg financial information service
Investors dumps the stock
Algorithms also sell.
The stock plunged from around $12 to just $3 a share

http://technology.timesonline.co.uk/tol/news/tech_and_web/article4742147.ece



More information about the Search-l mailing list