Nasdaq-Listed Amazon, Alphabet Halted for the Day at NYSE
- Not a scary prospect because the stocks are trading elsewhere
- Shares are still trading at its sister exchange, NYSE Arca
Photographer: Eric Thayer/Bloomberg
This article is for subscribers only.
Amazon.com Inc. and Google parent Alphabet Inc. won’t trade for the rest of the day at the New York Stock Exchange, which -- though it sounds scary -- probably isn’t because those shares are listed by Nasdaq Inc. and seem to be trading just fine there and on other markets.
The NYSE blamed a technical malfunction, specifically a “price scale code issue.” Amazon, Alphabet and a third affected company, Booking Holdings Inc., all have stock prices exceeding $1,000.