‘Signal’ stock surges 438 percent after Elon Musk tweet confuses traders
By Noah Manskar
January 12, 2021 | 9:11am | Updated
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Elon Musk tweeted "Use Signal," and stock for the obscure app surged. POOL/AFP via Getty Images
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“If you are distressed by anything external, the pain is not due to the thing itself, but to your estimate of it; and this you have the power to revoke at any moment.”
Robinhood:The popular trading app-- valued at $11.7B and with 13m+ users -- is considering selling some of its IPO shares directly to users on its app. This is unusual, as retail investors typically don’t get allocated pre-IPO shares, and instead must get into markets on the first-day trading...
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Two Elon Musk-dates:1) He’s now the richest man in the world, and 2) he recommends switching to Signal for your messaging thanks to their encryption practices.
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