Tweeter Home Entertainment Group (, which filed for bankruptcy in 2007 and went out of business in 2008, still has shares trading under the symbol TWTRQ. )
Twitter plans to list its shares under the symbol TWTR so it's understandable there might be some confusion. Q is typically added to the end of bankrupt companies that still have shares trading.
TWTRQ closed Thursday at 1 cent, right within its normal trading range.
But Friday, the day after Twitter filed papers detailing its plans for a $1 billion initial public offering, shares of TWTRQ soared as high as 15 cents, a gain of about 1400%. Shares finished the day at 5 cents, up nearly 700% for the day.
The stock had a similar brief spike in price back on Sept 17, a few days after Twitter's initial filing that signaled its plans to go public.
|4 reasons Russia will keep gas exports flowing|
|Inside the underground sex economy|
|Five predictions for the World Wide Web that were way, way, way off|
|Plug the financial leaks, now!|
|GM ignition switch issue surfaced in 2001|
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.34%||4.33%|
|15 yr fixed||3.38%||3.34%|
|30 yr refi||4.35%||4.32%|
|15 yr refi||3.36%||3.32%|
Today's featured rates: