The Associated Press' official Twitter account was hacked Tuesday, the organization confirmed.
Shortly after 1 p.m. ET, the account tweeted out a false report saying that there had been two explosions at the White House and President Barack Obama was injured. The AP's account has since been suspended.
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The AP's media relations account quickly tweeted: "That is a bogus @AP tweet." Unfortunately, by the time the hack was exposed, the AP's Dow Jones stock had already dropped 140 points; it has since returned to its original standing.
The Syrian Electronic Army has taken credit for the hack, tweeting that it "owned" the AP, along with the hashtag #ByeByeObama. The group previously took credit for hacking the 60 Minutes and 48 Hours Twitter accounts over the weekend.