Hacker News new | ask | show | jobs
by tntn 2558 days ago
I'm somewhat surprised that story wasn't investigated as securities fraud. I'm sure a lot of people stood to make a lot of money shorting supermicro. Anyone who knows more about this than me know why it is ok for Bloomberg to do that?

See https://en.m.wikipedia.org/wiki/Emulex_hoax for an example of fabricated news causing massive changes to stock price.