Thread: Black 3pm
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Old 05-06-2010, 04:05 PM   #23
DaddyTorgo
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Join Date: Oct 2002
Location: Massachusetts
At around 2:45 p.m. ET, P&G's (PG, Fortune 500) stock had fallen 10% to $56, triggering a "circuit breaker." At that point, other stock exchanges were allowed to report P&G's stock price on their own, instead of getting the price from NYSE.
According to the company and NYSE, the Nasdaq stock exchange misprinted a quote of $39.37 a share, even though the stock was really trading at $56.
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