World Backup Day Deals Best Cloud Storage Options Apple AR/VR Headset Uncertainty Samsung Galaxy A54 Preorders iOS 16.4: What's New 10 Best Foods for PCOS 25 Easter Basket Ideas COVID Reinfection: What to Know
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

Google's stock plummets to $249 due to 'erroneous orders'

As if this week wasn't already stressful enough on Wall Street, the search giant's stock drops over 200 points, apparently due to errors on the exchange.

Google's stock dropped to $249 towards the end of trading on Tuesday due to "erroneous orders."
Yahoo Finance

As if this week wasn't already stressful enough on Wall Street, at the end of Tuesday trading, Google's stock dropped over 200 points to $249, due to what the Nasdaq is calling "erroneous orders." The share price has since rebounded to $415 in after-hours trading. According to a comment from the Nasdaq to Reuters, "Transactions at or above $425.29 and at or below $400.52, that were executed between 3:57 p.m. and 4:02 p.m. EST, would be wiped out." That means that those who may have cashed in on this error are going to be out of luck.

Even though the situation is being rectified, this incident has certainly caused even more uneasiness in already shaken investors.