this post was submitted on 21 Jul 2024
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Today I Learned (TIL)

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TIL: In 2018, Samsung had a historic "Fat-Finger" error where it accidentally gave every employee $9 million worth of shares in the company. The total amount distributed was $100billion more than ... (en.wikipedia.org)
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The original was posted on /r/todayilearned by /u/Flares117 on 2024-07-21 05:10:59+00:00.

Original Title: TIL: In 2018, Samsung had a historic "Fat-Finger" error where it accidentally gave every employee $9 million worth of shares in the company. The total amount distributed was $100billion more than 30x their market cap. Within 37minutes, 16 employees sold and the stock tanked 11%.

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