Aug
04
2006
Man nearly dies due to google.com stock error
A man nearly had a heart attack when he learned his google stock price dropped down by $350 to about $38 dollars. Apparently, someone from a Nasdaq member firm punched in an erroneous figure of $38 to commence a trade. The price of the stock is supposed to be at $388.
There were already trades going on at $37 but it took Nasdaq more than an hour after the close of regular trading to finally disseminate the news of its decision to cancel all after-hours trades in Google that were at or below $352.07
[via nysun ]
