View the full GOOG chart at Wikinvest UPDATE: Tech stocks opened down, with Google the only major exception.
Tech stocks trading in the pre-open were trending down with Google the only major exception.
Google was trading up about 2 percent while Apple, Amazon, Rim and were all indicated down at the open, along with the broader market. Stocks rallied sharply Tuesday after a record-setting drop Monday as volatility wreaked havoc with investors waiting for at least one shoe to drop as Congress considers a $700 billion bailout of troubled US banks aimed at restoring short-term confidence in credit markets.
Google closed Tuesday at $400.52, up roughly 5 percent from Monday’s close of $381. In the last few minutes of trading Google shares dropped as low as $200.01 and rocketed as high as $489.336 — the result of a glitch, characterized by Nasdaq as "erroneous orders" routed to the exchange from another market center.
