Glitch causes prices of Apple, Google, other stocks to appear off


  • TECH
  • Tuesday, 04 Jul 2017

A trader at work on the floor of the New York Stock Exchange in New York, United States in May. — Reuters

NEW YORK: The prices of several big-name Nasdaq-listed stocks appeared on some websites to either spike or plummet well after the closing bell on July 3, seemingly due to a glitch related to the market data that runs the largely automated markets.

At around 6:30pm, the prices of Amazon Inc and Microsoft Corp stocks appeared to have lost more than half their value, while Apple Inc shares appeared to more than double. Google parent Alphabet Inc and eBay Inc shares were among others that all appeared to be priced at US$123.47 (RM530.67) on some financial news websites on the evening of July 3.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

India's HCLTech misses Q4 revenue estimates
Intel falls as weak PC chip demand hurts second-quarter forecast
Russia's Yandex reports Q1 revenue rise as market awaits spin-off news
Japan to levy big fines with new app rules
Inside Big Tech’s underground race to buy AI training data
Facebook scams demand stricter online rules, Japan lawmaker says
A Chinese firm is America’s favourite drone maker – except in Washington
Snapchat parent soars after beating revenue, user growth estimates
Alphabet, Microsoft earnings show hefty AI bets are driving growth
Rescue pup to meme star: The real-life ‘Dogecoin’ dog

Others Also Read