Google, Amazon, Apple and other shares down as Nasdaq glitch mistakenly makes test data live
The glitch sent stock prices of major companies on a downward spiral
Instances of Test Data being spotted in Production environments occasionally occur at plenty of software company workplaces. But when the firm behind such a glitch happens to be one of the biggest stock exchanges in the United States, the results can be downright disastrous.
In such a glitch earlier today, NASDAQ accidentally made test data live on its site resulting in stock prices of several huge companies taking a huge nose-dive. The erroneous data was picked up by multiple finance sites like Google Finance and Yahoo Finance resulting in the stock prices of major companies having taken a major nosedive.
To understand the impact of this bug, Amazon’s share price was being reported as $123.47, down 87% from its day’s closing price of $953.66. Likewise, Apple’s share price was also being reported as being 14% down to the exact same amount of $123.47, a figure that seems to have been representative of test stock prices at NASDAQ. Google’s share price was similarly down 86% while Microsoft was up 14%, both resting at that exact same amount. Some other companies listed such as the social behemoths Facebook & Twitter as well as Netflix remained unaffected.
Nasdaq is working with third party vendors to resolve the matter as quickly as possible.
— Nasdaq (@Nasdaq) July 4, 2017
NASDAQ had last said it was working with third party vendors to resolve the issue and officially released a statement providing some resolution into what caused this. The issue seems to have been fixed as share prices have returned to their normal values.