Tracy Alloway of the Financial Times reports that StockTwits is calling for a boycott of business news network CNBC on Tuesday.
StockTwits writes, “We are boycotting CNBC because of what we perceive as a gross lack of accountability and editorial judgment.
“We are boycotting CNBC because they produce shows with personalities who take zero responsibility for stock picks and markets calls which misinform viewers and distort the severity of the economic crisis.
“We are boycotting CNBC because they trot out so called expert guests who have cost investors millions without warning viewers and allow these guests to pump themselves up without demanding the disclosure of performance…”
Read more here.
