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> When Steve Jobs died, which was obviously an event that would have an impact on Apple's shares, the quotation was suspended for a day, so that people could ta
by somecontext 9y ago
> When Steve Jobs died, which was obviously an event that would have an impact on Apple's shares, the quotation was suspended for a day, so that people could take their time to evaluate the significance of the event.
Steve Jobs's death was announced after the closure of New York markets on October 5, 2011.
Apple stock shares traded in Frankfurt the next day: https://www.theguardian.com/technology/2011/oct/06/apple-stock-steve-jobs https://www.theguardian.com/technology/2011/oct/06/apple-sto...
Apple stock also traded on its primary exchange, Nasdaq, the following day with no suspensions: http://abcnews.go.com/Business/steve-jobs-death-apple-stock-aapl-dips/story?id=14680622 http://abcnews.go.com/Business/steve-jobs-death-apple-stock-...
It appears that the stock continued trading without incident in all markets following Steve Job's death, until the BATS IPO went haywire in March 2012.
- Iv 9y agoAh yes, they delayed the announce until after the closure. I don;t remember on which similar event they suspended trading for a day.
- somecontext 9y agoAccording to his death certificate, Steve Jobs died at 3pm PT on October 5, 2011. http://www.nytimes.com/2011/10/11/business/steve-jobss-cause-of-death-is-released-by-coroner.html http://www.nytimes.com/2011/10/11/business/steve-jobss-cause... New York markets close at 4pm ET, which is 1pm PT.