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Wacky Late-Day Google Trades Canceled

No explanation, but the stock is given back its trading range.
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SAN FRANCISCO -- Shares of


(GOOG) - Get Free Report

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