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Amanda Jacobsen

More Than Rumor: Social Media Can Wreak Havoc on the Market - 1 views

Social Media facebook business damage_havoc

started by Amanda Jacobsen on 13 Jun 12
  • Amanda Jacobsen
     
    http://bx.businessweek.com/social-networking/view?url=http%3A%2F%2Fwww.forbes.com%2Fsites%2Fsap%2F2012%2F02%2F23%2Fmore-than-rumor-social-media-can-wreak-havoc-on-the-market%2F%3Ffeed%3Drss_home

    Hopefully you all can view this article...it's about how much damage social media can do to businesses and the market. Very interesting to see how much power a few words written online can have.
    "Buy on rumor, sell on news. It is easy to say, but difficult to do. After all, many people (consumers, investors and otherwise) don't take time to distinguish between fact and rumor, especially in a digital age when both travel quickly online and social media sentiment can drive an instrument price."

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