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7 Famous Tweets That Moved Markets

Apr 24, 2013, 01:43 IST

Today, a hacker-produced Tweet from AP about an attack on the White House sent stocks crashing.

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We went back and picked out other examples of "news" flashes on Twitter causing instant market reaction.

Just recently, Josh Brown's live Tweet-porting from a Jeff Gundlach luncheon caused Chipotle shares to plummet. Here's the Tweet:

And here's the result:

Google Finance

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Bill Gross and PIMCO probably deserve their own separate post on this theme. Here's a selection:

Which caused this to happen to Portuguese yields:

Gross also famously Tweeted he believed QE-3 would be revealed at the 2011 Jackson Hole conference.

That Tweet has since been deleted. But here's what it did to markets:

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Last fall, portfolio manager Leo Isaak Tweeted from the middle of a David Einhorn presentation that the Greenlight Capital chief was short iron ore:

Leo Isaak/BI

We can't say for sure, but this is what ArcelorMittal trading looked like just afterward:

Yahoo

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A fake Tweet from Muddy Waters head Carson Block in January caused a company called Audience Inc. to plunge 25% in a matter of moments; it ended the day down 4%:

Google Finance

A few weeks ago, Tesla CEO Elon Musk Tweeted the company would be announcing "really exciting" news (it turned out to be a controversial financing scheme)...

And the stock went crazy:

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Just this February, Doug Kass Tweeted some market-moving Apple news from a "gnome."

The stock subsequently recovered its intraday losses.

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