Traders may have been left with sweaty palms as stock prices of some of the biggest tech companies in the world appeared to crash overnight. But, it was all down to a technical glitch rather than the bubble bursting, much to their relief.
A spokesperson for Nasdaq told CNBC the glitch was down to test data being distributed by third party financial sites.
"As part of its normal process, the UTP distributed test data and certain third parties improperly propagated the data. Nasdaq is working with third party vendors to resolve the matter," they said. The exchange told the FT trading had not been affected.
It was all quite a fright for anyone keeping an eye on the already crazy tech stocks.