Dow Jones Financial Information Agency mistakenly reported merging Apple and Google

Dow Jones Newswires released several erroneous headlines after the opening of trading on Tuesday, CNBC reported . According to one of them, Google intended to buy Apple for $ 9 billion. In addition, the Internet giant allegedly was supposed to occupy Apple’s headquarters, and its shareholders would receive nine Apple shares each.



A little later after the appearance of these headlines, Dow Jones published a refutation denying the fact of a hacker attack:

“Please disregard the headlines appearing on Dow Jones Newswires between 9:34 am and 9:36 am. They were published due to a technical error and are now being deleted. We apologize for the mistake. ”

CNBC noted that the error of a business news agency could hardly seriously affect the market. At the moment, Apple's market capitalization is about $ 800 billion, which is almost 90 times the price of the announced DJ deal: precisely because of the improbability of such a ratio, the news was not taken seriously by traders.
')
Against the background of fake news, the value of Apple shares rose to $ 158 for a while, but later it returned to its previous level of approximately $ 156. According to the data at 6:45 pm Moscow time, by the end of the day, the value of one Apple share on the Nasdaq Stock Exchange was $ 155.55, which is 0.19% lower than the previous trading level.

Other materials on finance and stock market from ITI Capital :

• ITI Capital Educational Resources
• Analytics and market reviews
• Futures, indices and IPOs: how exchanges really work and why they are needed
• Top 10 books to understand the stock market device
• Futures, indices and IPOs: how exchanges really work and why they are needed
• Infrastructure of the Russian securities market (brief educational program)
• How-to: robots and brokerage trading system APIs