The Ashes

Technology, Science and other news
April 25, 2009

Glitch Hits Intel and Oracle Stock, After Hours Stock Price Showing About -50% [Updated]

Posted by : admin
Filed under : General

[Updated 9:22 AM EST – Both companies appear to be fixed during the pre-market, Intel is at $15.76 and Oracle is at $19.45]

In September 2008, Google stock appeared to be trading at $0.01 temporarily when it should have been over $400.  The glitch had to be investigated by Nasdaq Stock Market operators and it resulted from erroneous orders that were routed from another exchange.  This time it looks like a similar case is happening with Intel Corporation (NASDAQ:INTC) and Oracle Corporation (NASDAQ:ORCL).

In the after hours stock price, Intel is reporting a $7.91 per share which is -49.52% from the closing price. Oracle is showing an after hours stock price of $9.63 per share which is -49.77% of the closing price. When this happened with Google last time any trades that took place at the $0.01 price were automatically canceled was not allowed to be appealed. As exchanges are becoming all-electronic they are susceptible to problems.

If anyone has any additional information, please let us know in the comments.

Tags :

No Comments

(will not be published) (required)
(opitional) EN ES IT DE PT CZ FR RU
October 2021




There are many online poker site where you can play but at you can play the poker games with all the knowledge you need related to the game with the poker school available in both the English and Chinese language.

Super Casino

Now you can bet on any sports and any sporting events from all the comfort from your home. Bet770 allows you to bet on any events and match with in just 3 clicks. They also offers great odds on football betting for every premier and champions league match. Get £50 free in bets when you register.

Bingo770, offering best online bingo games with £7.70 free no deposit Bonus!