March 23, 2012 at 12:30 PM ET
Shares of Apple plunged Friday morning, dropping 9 percent after erroneous trades were made in the popular stock. The Nasdaq market has since canceled those bad trades.
The big price drop led the Nasdaq to halt trading in Apple’s stock briefly Friday. The move is made when stocks see sharp price swings and allows traders to recover and to stop further mistaken trades from happening and impacting the broader market.
CNBC's Jon Fortt has more details on why Apple stock was halted: