No, Amazon and Apple stock are not crashing.
But incorrect stock data on the popular Google Finance and Yahoo Finance sites appeared to be freaking out some investors Monday evening. As of 8 p.m. Eastern, Google Finance said Amazon.com Inc. shares were down more than 87%, to $123.47. On Yahoo Finance, Amazon was down 74%, to $248.49. In reality, Amazon AMZN, -1.48% finished the day down 1.5%, at $953.66, and was up 0.1% in after-hours trading, according to FactSet.
Apple Inc. shares were similarly skewed, with both Google and Yahoo Finance saying they were down 14%. Actually, Apple AAPL, -0.36% ended the day down just 0.4%, at $143.50, according to FactSet, and was up slightly in after-hours trading.
Page views to MarketWatch’s stock pages — which remained accurate — soared as investors double-checked exactly what was going on Monday evening.
The glitch appeared to be sporadic, and while some companies’ tickers were accurate, others skewed upward: Both finance sites showed EBay EBAY, -0.92% up 253%, Mattel Inc. MAT, -2.51% up 473% and Microsoft Corp. MSFT, -1.10% up 79%.
The problem may have originated with data services providing Google and Yahoo their financial information. Google’s website says SIX Financial Information provides end-of-day prices, and Interactive Data Real-Time Services, Inc. provides intra-day prices.
Nasdaq’s website was not reporting anything amiss.
Google, SIX Financial Information and Interactive Data Real-Time Services’ parent company, Intercontinental Exchange, did not immediately respond for comment.