Wacky Late-Day Google Trades Canceled

09/30/08 - 06:06 PM EDT

TSC Staff

SAN FRANCISCO -- Shares of Google(GOOG Quote - Cramer on GOOG - Stock Picks) shook up investors shortly around Tuesday's closing bell when the stock suddenly traded outside the range it held for most of the session.

The Nasdaq subsequently canceled the trades in question due to "erroneous orders that were routed to Nasdaq from another market center."

During a five-minute period surrounding the market's 4 p.m. EDT close, Google, which had traded most of the session between $400 and $420, whipsawed well out of that range, apparently moving under $300 at some point.

All trades during the timeframe were revoked, and Google's official closing price was set at $400.52.

The stock was up to $412 in recent after-hours trading.

This article was written by a staff member of TheStreet.com.
Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Sign up for our FREE newsletters now. See All

  • Cramer's Daily Booyah!
  • Before the Bell

Premium Stock Ideas
Access Action Alerts Plus to find out Cramer’s latest picks now!

Premium Services