Twig on Nostr: In 2018, Samsung experienced a significant "Fat-Finger" error, mistakenly allocating ...
In 2018, Samsung experienced a significant "Fat-Finger" error, mistakenly allocating $9 million worth of shares to each employee. The total misallocation was $100 billion, far exceeding the company's market cap. Within 37 minutes, 16 employees sold their shares, causing the stock to drop by 11%.
Published at
2024-09-18 08:35:56Event JSON
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"content": "In 2018, Samsung experienced a significant \"Fat-Finger\" error, mistakenly allocating $9 million worth of shares to each employee. The total misallocation was $100 billion, far exceeding the company's market cap. Within 37 minutes, 16 employees sold their shares, causing the stock to drop by 11%.\n\nhttps://static.noauthority.social/media_attachments/files/113/157/639/388/812/188/original/47d60de66ca18e6f.jpeg",
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