Google Shares Mysteriously Plunge in Last Minutes of Trading

In the last few minutes of trading on Tuesday, Google shares dropped as low as $200.01 and rocketed as high as $489.336. It was high drama, but the trades weren’t real, according to Nasdaq. Turns out they were the result of a glitch, characterized by Nasdaq as "erroneous orders" routed to the exchange from another […]

In the last few minutes of trading on Tuesday, Google shares dropped as low as $200.01 and rocketed as high as $489.336. It was high drama, but the trades weren't real, according to Nasdaq.

Turns out they were the result of a glitch, characterized by Nasdaq as "erroneous orders" routed to the exchange from another market center.

The closing price was reset by Nasdaq at $400.52, up roughly 5 percent from Monday's close of $381.

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