People's Sunday Crash

The People's Sunday Crash was the first major fall of the Shilling Stock Market, though it is not very drastic in retrospect. It took place on 9 February 2020 and led to huge losses for investors despite it being rather minor. It is named after the holiday of People's Sunday, which has its earliest possible date on 9 February.

Decline of TedZ
TedZ Incorporated, then the only player-owned company, was already on the decline due to numerous business failures. Its faltering made it part of the cause of the crash.

Basketball Incident
The Basketball Incident was a confidential event which led to the crash of Intrams Inc's stock. It is arguably the last major event before the crash itself.

The Crash
Stocks were already pretty low on 8 February, and the stock prices were already released on 9 February, but noon of that day the Florin Council announced that a crash had occured and the prices are updated. Most investors were saved since they had invested in Inspire Inc, but others lost much of their money.

Aftermath
The crash led to a shift in the power of investors; specifically, certain previously unknown investors bought most of the stock and created a bull market. In addition, it sparked the creation of the Shilling Average - comparison of the averages, which were added to previous days retroactively, discovered that the "crash" had a higher average than the days before it, and thus it is no longer considered a true crash. It still retains the name however.