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Tuesday, April 23, 2013

Naming the New Twitter-Induced Flash Crash

The Associated Press’s Twitter feed was hacked today, and the hacker tweeted a message saying the White House had been attacked. Rest assured, there was no attack, but traders freaked out long enough about the hoax to make the Dow do this:

So will this sharp plunge (and quick reversal) get a nifty nickname like the “flash crash” did? I nominated “Tweet Retreat” on Twitter, and got some of these other suggestions in response:

 

What names do you suggest?



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