Sothey’s[sic]:
While the other companies on this list hit zero briefly, Sotheby’s went in the other direction. After opening at $34.61, its shares briefly touched $100,000 before closing at $33.
What is that about?
While the other companies on this list hit zero briefly, Sotheby’s went in the other direction. After opening at $34.61, its shares briefly touched $100,000 before closing at $33.
What is that about?
That, or the whole system broke down in a very weird way.
Or Sotheby's was expected to reap a huge windfall due to all the traders and shareholders losing their shirts on $0/share stocks and having to auction off their estates?