SEC Wants Answers: Tiny Social Net Worth $6 Billion?

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SEC Wants Answers: Tiny Social Net Worth $6 Billion?

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SEC Wants Answers: Tiny Social Net Worth $6 Billion?

by WSJ Live 3:24 mins

SEC Wants Answers: Tiny Social Net Worth $6 Billion?

by WSJ Live 3:24 mins

How can a social network that no one has ever heard of suddenly be valued at more than $6 billion? The SEC wants answers and has suspended trading in onetime penny stock Cynk Technologies. Erik Holm joins MoneyBeat.

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