Knight Capital Group, Inc. (NYSE: KCG) was down 8.4% at $9.46 on the day earlier this morning when its fat-finger and trading error issues were highlighted. That was then… The company has been experiencing technology issues tied to its trading software and now it has advised clients to trade elsewhere for the time being.
Trading in shares of RadioShack Corp. (NYSE: RSH), Quicksilver Resources Inc. (NYSE: KWK), Dole Food Company Inc. (NYSE: DOLE), and Magnum Hunter Resources Corporation (NYSE: MHR) were all affected.
NYSE Euronext, Inc. (NYSE: NYX) had sent a note to traders that it was reviewing trades in almost 150 tickers from 9:30 AM EST to 10:15 AM EST.
Shares are currently down 20% at $8.29 but we would advise investors and traders to look out that this is a new low seen in years as the prior 52-week range was $9.92 to $14.00.
JON C. OGG
ALERT: Take This Retirement Quiz Now (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
