As shown in the Bloomberg image below, Google closed the day at $341.43 with a decline of $39.57. As shown, 4 million shares traded from a range of $0.01 to $489.36 in the last few minutes of trading. While it is sure to go down as an erroneous trade, Google share owners watching their P&L today are probably not happy at the moment. Heading into the close, the stock was up about 36 points, and then closed down nearly $40 (for now). As if the volatility in the market we've been subjected to wasn't enough, now we have to deal with phantom trades like these. Chalk it up to "more efficient" OTC trading.
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