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Trading halted in UA shares

PostPosted: 08 Sep 2008, 17:48
by Bill S
Trading halted as UAL shares drop to 1 cent

Bloomberg say erroneous report









Thread moved to Other Airlines by mod........Nick

PostPosted: 08 Sep 2008, 17:49
by McMaddog
There is speculation that it was an old newspaper article published again by accident that caused this rumour ...

PostPosted: 08 Sep 2008, 17:53
by Sealink
Now that's some mistake!

PostPosted: 08 Sep 2008, 17:54
by Bill S
If nothing else it shows just how sensitive the markets are to airline (perceived?) troubles.

Reported that the Chicago Tribune was at fault.
Shares still down 25% but big recovery from 1c

PostPosted: 08 Sep 2008, 21:11
by Sealink
The story was posted accurately by the Chicago Tribune, back in 2002.
It was the Florida Sun Sentinel newspaper website which reprinted it with todays date on!