Tweeter Changes Stock Symbol After Apparent Twitter Mix-Up

NEW YORK (AP) -- Tweeter is not Twitter. And it's changing its stock symbol to avoid any confusion.

The bankrupt electronics retailer's new ticker symbol is "THEGQ." Its old symbol was "TWTRQ."

That was apparently too similar to "TWTR," the symbol proposed by Twitter on Thursday when it filed plans for an initial public offering.

Some confused investors sent Tweeter's stock up as much as 1,400% on Friday.

The Financial Industry Regulatory Authority, Wall Street's industry regulator, halted trading of Tweeter's stock Friday afternoon. The over-the-counter stock resumed trading with the new stock symbol Tuesday.

Tweeter's stock was down 71% percent to $0.02 in afternoon trading.

Twitter's stock, meanwhile, won't be available for trading until the company actually goes public. That could be before Thanksgiving.

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