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He didn't call the company, but he did write up a headline.

"News-flow" analysis is used by some automated trading systems to buy and sell stock based on stories circulating in the media. United Airlines (UAUA) stock plummeted the other day. And it plummeted fast. Like, lost %75 of it's value in 20 minutes fast. The problem? The news-flow that triggered this sell off was based on a mis-labeled story from 2002. via /.
posted by butterstick on Sep 10, 2008 - 18 comments

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