Nasdaq has blamed the distribution of test data for a glitch that saw the share prices of US tech heavyweights listed on its exchange apparently set to $123.456 (on some sites the price appears rounded up to $123.47).
In-flight Wi-Fi provider Gogo's stock took a drubbing after AT&T yesterday announced plans for a new air-to-ground LTE service that will surely compete against Gogo, at least in the continental U.S.
BlackBerry shares plunged 20% late Friday afternoon as the company announced plans to fire 40% of its employees and eventually cut expenditures in half over the next nine months. The actions were in response to the company's warning of a collapse in second fiscal quarter earnings.
A Swiss security company said the Nasdaq website had a serious cross-site scripting vulnerability for two weeks before being fixed on Monday, despite earlier warnings.
All trading on the NASDAQ market was halted on Thursday due to a glitch in a system used to disseminate trading information.