Monday, July 3, 2017

Why are all these tech companies displaying a stock price of $123.47?

An unexplained stock market data error this evening appears to have set some companies listed on the Nasdaq exchange to a share price of $123.47, sending some tech companies’ stock prices crashing and others’ soaring.

It’s unclear what the culprit is, and whether the error is due to an issue with a third-party financial data provider or whether a more serious problem is occurring. The issue is replicating itself across major financial websites, including Bloomberg, Google Finance, and Yahoo Finance.

It’s not known when this all started, but stock notifications for tech companies appear have started pouring at some point this evening, resulting in quite a few tweets on the matter:

The @NYSE API is informing the world that a bunch of...

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