Sunday, November 22nd, 2009

Posts Tagged ‘ ual bankruptcy ’

How Google News Crawler Crashed United Airlines Stock (UAL)

Sep 11th, 2008 | By Contrarian Profits | Category: Financial News, Politics & Economics, Stock Market Investing

This week United Airlines’ stock (UAL) fell to a quarter of it’s price within minutes, from $12.50 to $3, after a 2002 article about the company’s bankruptcy circulated the internet as fresh news. The SEC is currently investigating the matter, but here are some interesting details about what happened