Finance sites erroneously show Amazon, Apple, other stocks crashing

Finance sites erroneously show Amazon, Apple, other stocks crashing

No, Amazon and Apple stocks have not erupted on Monday. And if you took Mattel’s stock, it is not very rich.

However, incorrect inventory data on the most popular Google Finance, Yahoo Finance and Bloomberg sites seemed to scare some investors Monday night after the test data apparently were not misconstrued by third party vendors to these sites.

From 11 hours. This, Google Finance said shares of Amazon.com Inc. fell more than 87%, to stand at $ 123.47. Earlier, Yahoo Finance said Amazon fell 74% to $ 248.49. In fact, Amazon AMZN, -1.48% completed the course by 1.5% to $ 953.66, and rose 0.1% in the secondary market, according to FactSet.

Shares of Apple Inc. have also been distorted, Google and Yahoo Finance said they fell 14%, also $ 123.47. In fact, Apple AAPL, -0.36% finished the day to only 0.4%, to $ 143.50, according to FactSet, and increased slightly in the secondary market.

$ 123.47 – or amounts close to it – seems to be the common denominator of test data, which significantly distorts some actions at this level, while others showed the clouds. For example, test data shipped eBay Inc. EBAY, -0.92% up to 253%, Mattel Inc. MAT -2.51%, up 473% and Microsoft Corp. MSFT, -1.10% up 79%.

The pages displayed on the MarketWatch pages that remain accurate – have risen as investors have verified exactly what happened on Monday night.

A Nasdaq spokesperson attributed third-party data providers.

“As part of its normal process, UTP distributed test data and certain third parties propagate inappropriate data.

Nasdaq is working with third-party vendors to solve the problem, “the Nasdaq spokesman said late Monday.

The spokesman speculated that early closing of the day could have caused confusion with some of the closing prices of a number of third parties, including Bloomberg and Yahoo, but stressed that no company has been affected by erroneous quotes.

Yahoo Finance and Bloomberg ticker appear to show the correct data for 11 hours. It is, but Google Finance still shows the test data.

The Google website states that six Financial Information based in Switzerland offers prices in the afternoon and interactive services to real data based in New York, Inc.

Provides intradiaries. Google SIX Financial Information and the parent company of interactive real-time data services, Intercontinental Exchange, did not respond immediately to comment.

Leave a Reply

Your email address will not be published. Required fields are marked *