12 Hours of Wrong Data by Google Finance
Google Finance, yet another beta product from Google showed wrong data for nearly 12 hours. $1.2 trillion dollars was lost today, just because of Google Finance showing incorrect information. This service features business and enterprise headlines for many corporations including their financial decisions and major news events. Stock information is available, as are Adobe Flash-based stock price charts.
If you closely look into Google’s stock information site, you will find that numbers are off. This is the case when majority of country is looking for Stock information on Google’s Finance WebSite and a wrong information is there.Let’s look at an obvious stock: Google. According to Google Finance, Google closed at $390.08-a-share today. Down $40.96-a-share. Yikes. The only problem? It’s worse. It actually closed down $50.04, at $381.00-a-share, as Yahoo Finance correctly shows.
Google Finance chart looks like showing right information but the numbers are incorrect and these incorrect numbers screwed up closing number, stock falling even more in after-hours trading, when it’s actually rising.
Apple looses nearly 18% of it’s stock price today just because of Google Finance showing wrong information. Other stocks like eBay and Microsoft are also skewed.
Update: It looks like the numbers have finally been corrected as of 3 AM PST. With nearly 12 hours of wrong data and no word back yet from Google, this is still quite distressing. Others, including former Googler Chris Sacca share this concern in the FriendFeed
