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JRPGfan said:

What happends if a news site makes up rumors, that causes stocks in company to drop?

like are they just allowed to say yields are bad? they planned to do 15m, and reason its only 11m is because of bad yields?
If thats not true, and it hurts the stock of a company.... thats a crappy thing to do lol.

If Sony can prove that Bloomberg published disinformation to manipulate stock then they do have a case. Shorting stocks and then trying to manipulate it's price downward is illegal.

More info on that practice: https://www.investopedia.com/terms/s/shortanddistort.asp



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