UPDATE: Data Error Hits Nasdaq Tech Stocks on Key Finance Websites

Several technology stocks listed on Nasdaq were reset to $123.47 after third-party data providers sent out incorrect information.

stocks-confusion-web
The exchange says third parties' erroneous use of test data caused the problem

In total, 24 Nasdaq-listed securities appeared to either spike or plummet on some websites after market close on the eve of the US Independence Day holiday, with major companies such as Amazon, Google, Apple and Microsoft set to the same share price of $123.47.

In an initial statement, Nasdaq said the issue appeared to have been caused by improper use of test market data distributed by third parties. “As part of its normal process, the UTP distributed test data and certain third parties

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

FCA declines to directly regulate market data prices

A year-long investigation by the UK regulator to determine whether competition is hindered in the wholesale data markets has concluded with its decision not to directly regulate much-maligned data pricing and licensing structures.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here