A Twitter imposter cost a U.S. pharmaceutical giant billions of dollar, after a parody account stamped with a verification tag purchased for $8 tweeted that insulin was being made available for free.

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A Twitter imposter cost a U.S. pharmaceutical giant billions of dollar, after a parody account stamped with a verification tag purchased for $8 tweeted that insulin was being made available for free. (japantoday.com)

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[–] • 2 pts

A billion dollar drop in stock prices is not the same as a billion dollar loss, and this keeps being repeated and annoys me every time. Market cap is an indicator but it ultimately isn't real.

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