Apple, Alphabet shares plummet and Microsoft surges? Relax, it's just a glitch on NASDAQ
The glitch caused all of these tech shares to show a closing price of $123.47 on financial websites, regardless of where they actually closed. As a result, had you looked up Google parent Alphabet, you might have thought that the stock dropped 86% or $785.26. On the other hand, Microsoft's close at $123.47 appears to show that the company's stock was up 79%. Apple's $123.47 close showed a loss of $20.55 or 14.27%. No trades took place at the incorrect closing prices.
NASDAQ's comments seem to indicate that the incorrect data was from the improper use of test data distributed by a third party. The exchange said it is investigating. Markets are closed today in the U.S. for the Fourth of July holiday.