Whole Lotta Amazon

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Amazon stock flash crashes and then quickly recovers

http://www.businessinsider.com/amazon-stock-flash-crash-2017-6

The online giant’s stock tanked and then quickly came back all within the minute of 2:50 p.m, according to Bloomberg data. Here’s a second-by-second rundown:

  • 2:50:01 p.m.: $960.55 per share
  • 2:50:02 p.m.: $930.00 per share
  • 2:50:03 p.m.: $953.07 per share
  • 2:50:03.5 p.m.: $927.00 per share
  • 2:50:04 p.m.: $959.27 per share

Note: Subsequently Amazon crested $1000, again, after the Whole Foods acquisition and the Tech Giants Summit in Washington that Jeff Bezos attended.