NYSE CEO: Thursday’s trades in Procter & Gamble Won’t Stand

The CEO of the New York Stock Exchange told CNBC Thursday that some of Thursday’s trades in Procter & Gamble (PG) “will get taken off the table.” PG which dropped about $20 in a minute, traded as low as $39.37 at one point. “That $39 trade will not stand,” said Duncan Niederauer. “I think it was just a few offers and there weren’t many bids.” – CNBC

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