50 Cent moves markets  JAN 10 2011

The share price for stock in H&H Imports, Inc. went up 290% between the close of market on Friday to the end of the day today. The reason for the move? Entertainer/investor 50 Cent, who owns a portion of the tiny company, tweeted all weekend about how enthusiastic he was about the company's success. (He also appeared on CNBC.) By one calculation, 50 made $10 million with those tweets.

Read more posts on kottke.org about:
50 Cent   finance   Twitter

this is kottke.org

   Front page
   About + contact
   Site archives

You can follow kottke.org on Twitter, Facebook, Tumblr, Feedly, or RSS.

Ad from The Deck

We Work Remotely

 

Enginehosting

Hosting provided EngineHosting