NASDAQ Computer Glitch – CWEB.com

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NASDAQ Computer Glitch – CWEB.com

Today a host of Nasdaq-listed stocks have all been set at exactly $123.47 per share, seemingly due to a computer glitch.

The new prices triggered halts in many of the stocks in after-hours trading and implied that Amazon had lost $400 billion in market capitalization, while Zynga rocketed more than 4,000 per cent.

“It was no error by Nasdaq,” the exchange operator said. “Some vendors took test data and put it out as live prices.”

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