Bloomberg error briefly wiped about SEK 19 billion off Nordea’s market value
Incorrect reports can cause billions of dollars in losses on the stock market - something that happened when the news agency Bloomberg got Nordea's figures wrong. If there is an incorrect flash, there can be quite large price effects, especially in a somewhat thin summer market, says Lars Söderfjäll, head of equities at the Bank of Åland, to TT.
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