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4 of July, 16:52

Crashing market data brought down the price of Amazon shares Stock prices of Amazon and other big technology companies, it seems, fell on the eve of July 4 after a failure of the market data.

The confusion arose when some websites incorrectly showed that Amazon (AMZN, Tech30) fell by 87%, Apple (AAPL, Tech30) fell by 14%, and Microsoft (MSFT, Tech30) jumped by 79% on Monday. Nasdaq stated that the confusing rates came from data that was "improperly" used by third-party companies that provide information web sites.

Fancy numbers are not affected by the actual stocks, said a spokesman for Nasdaq Ryan wells. In the test data of stock prices of Apple, Amazon and Microsoft have been listed as accurately 123,47 dollar. So was eBay (EBAY) is a theoretical increase of 254% and video game developer Zynga (ZNGA) - an incredible leap in 3,292%.

Incorrect prices appeared on the website of CNNMoney, Bloomberg and Google Finance. But they do not appear on the website of the Nasdaq, which showed that the movement of stock was much more muted: Apple -0,4%, Amazon -1,5%, Microsoft 1.1% fall, eBay -0,9% and Zynga down 0.6%.

Nasdaq said the data that were sent, were part of "normal procedures formal testing" He urged third-party data providers to return to their official closing prices, which were in effect at 5:16 PM.
sections: World News, Economics

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