United Airlines shares fell down to one cent in late morning today (Monday, September 8 2009) on NYSE. (That's down 99.92 percent, or $12.29 from the pre-fall value of $12.30) on a false report about the airline's bankruptcy filing posted on the web. (The news item was from 2002...)
Trading in United shares was halted at 11:08 a.m.and resumed at 12:30 p.m. and by early afternoon its shares had nearly recovered, down only 70 cents, to $11.60. (All times Eastern.)
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