A fake news story that appeared on a site designed to look like Bloomberg News fooled some traders into thinking Twitter was selling for $31 billion. The rumor flew around, unsubstantiated by any sources more than “people with knowledge of the situation,” as the article names them.
The domain in the link above goes to Bloomberg.market, not Bloomberg.com. It’s a distinction that traders will make note of before again following the news there into Twitter trading madness. A Who Is search on domain name registrars returned no results for the owner of the Bloomberg.market domain name. Twitter shares briefly rose 5% on the “news.”