Business
The apparent swings triggered trading halts in some securities.
Updated : Sep 05, 2017, 12:02 AM IST
Multiple Nasdaq stocks including Apple, Microsoft, Amazon saw prices changed to $123.47 in after-hours trading, said reports.
Market data show that companies such as Apple, Amazon, Microsoft, eBay and Zynga were repriced at $123.47, reported Financial Times.
According to Bloomberg, Amazon.com Inc. and Microsoft Corp.’s shares appeared to fall by more than 50 percent, while Apple Inc.’s stock was at one stage trading 348 percent higher.
The swings came on a day that the US stock market closed early at 1:00 pm, on the eve of the US Independence Day holiday.
According to automatically generated messages, the apparent swings triggered trading halts in some securities.
Reports said that the error occurred due to a computer glitch, however, the glitch did not affect any market trading.
(More details are awaited)