Amazon Crashed 87% OVERNIGHT!
money·@sariun·
0.000 HBDAmazon Crashed 87% OVERNIGHT!
<html> <p>A major technical glitch caused Amazon to crash 87% overnight and Zynga to briefly show a 3000% rise <a href="https://www.bloombergquint.com/technology/2017/07/04/nasdaq-stocks-show-exaggerated-movements-in-after-hours-trading">triggering trading halts in some securities</a>. </p> <p><img src="http://i.imgur.com/wQSUDz2.png" width="1177" height="552"/></p> <p><img src="http://i.imgur.com/b5UKhIq.png" width="1167" height="585"/></p> <p>Images courtesy of <a href="http://www.zerohedge.com/news/2017-07-03/nasdaq-triggers-market-wide-circuit-breaker-amzn-crashes-87-after-hours">Zerohedge </a></p> <p>The "technical glitch" was caused by the apparent misuse of "test data" by a third party during after-hours trading. This claim raises more questions than answers however: What sort of "test data"? Why was it distributed? For what purpose was it distributed? Why was it distributed on a US holiday when liquidity was so low? </p> <p>Keep in mind this isn't the first time a major technical glitch has occurred on a US holiday; <a href="http://www.zerohedge.com/news/2014-11-25/something-appears-be-going-gold">gold prices went wild on Thanksgiving of 2014</a>. </p> <p>More questions than answers at this point.</p> <p>Stay curious my friends. </p> </html>