trending Market Intelligence /marketintelligence/en/news-insights/trending/zZcPt6GG92M_d4WF_TjxHA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Google, Apple stock impacted following inaccurate report on merger

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

TMT News & Research: 2020 Recap

Quibi's $2 billion bet on mobile video fizzles out

Cable nets struggle with cash flow declines due to cord cutting, pandemic


Google, Apple stock impacted following inaccurate report on merger

The trading of Alphabet Inc. and Apple Inc. stock was disrupted after the Dow Jones Newswires circulated a report with false information claiming the two companies were close to a merger.

The shares of the companies shot up on the news initially, though they later settled.

The newswire falsely reported that Google Inc. planned to acquire Apple for $9 billion. Dow Jones blamed a "technical error" for the mistake, according to an Oct. 10 9to5mac report.