Photos of recent events: 6 cases of mistaken identity in investing
Recently, Facebook CEO announced that he is rebranding his social media's name. From now on, the new parent company's official name for Facebook will be Meta. Curiously, a Canada-based manufacturer of composite materials bears a similar name, Meta Materials. So, traders were confused by this coincidence and after Facebook rebranding rushed to buy shares of the Canadian company. Curiously, this is not the only case when investors bought the wrong shares. Read about the most negligent cases.